Introduction

b. Why You Should Register

• Function as a legal entity with rights to own property, enter contracts, and sue or be sued
• Apply for 12A and 80G registrations for tax benefits
• Receive grants, donations, and CSR funds from corporates and governments
• Operate transparently under a democratic management structure
• Protect members and their roles with a clearly defined memorandum and rules

c. Compliance and Taxation

• Governed by the Societies Registration Act, 1860, or respective State Acts.
• Must maintain minutes of meetings, membership records, and annual accounts.
• List of managing committee members
• Annual Report and Audited Financial Statements to the Registrar of Societies
• Eligible for 12A and 80G registration under the Income Tax Act for tax exemptions.
• Taxable income (if any) is treated as per NGO taxation rules, and audit is mandatory above specified limits.

e. When You Should Convert

• You need greater transparency and national-level recognition
• You wish to attract CSR funding and international donors
• You plan to operate across India under a corporate structure