Section-8 Company is those companies which are established with the objective of promoting comm...
NGOs are a type of organization that works for the charitable and non-profitable purpose. The NGO registration in India can be done in the following ways:
Further Non-government organization is termed as NGOs i.e. also termed as Non-Profit Organization. The entities which are independent of government influence which may receive government funding also.
The organizations involved in the below-mentioned activities are termed as Non-profit organization and which are tax-exempt:
Suggested: A Detailed Procedure for NGO Registration
The main objective of the NGOs is to promote the non-profitable objectives like trade, commerce, arts, religious, scientific activities etc. and serve the public at large through goods or services or through the combination of both. Proper disclosure of information whether financial or operational information must be required to be made on a regular basis to the public.
Doing that the donors will be informed about where and how their funds have been utilized by the NGOs. NGOs need healthy relations with the public to meet their goals. On a large or normal scale, NGO can work to promote social and political change which plays a very crucial and important role in uplifting the standards of the society, community improvement and promoting the participation of the citizen.
Suggested: Checklist of Section 8 Company Incorporation
The NGOs are usually step up for the charitable purpose with the service motive. The trustee is elected by the members of the organization who manages the organization in such a way to meet the objectives. The committee (Managing and executive) are elected by the members of the organization. The reputation of the organization is totally dependent upon the work done for the public welfare.
NGOs also aware the society, basically to alert the people against imposters and fraudulent people
For example – NGOs face serious financial and capacity challenges. The country is facing increasing developmental challenges in areas including health, education and poverty, as the NGO has a common goal which is to contribute to the society in such a way to vanish all the loopholes of the society and by creating awareness among the people.
For the well-being of mankind the NGO is playing vital role and carry certain advantages for the society.The NGOs are independent of state and international governmental organizations which are usually funded by donations and may rely heavily on volunteers for their operation.NGOs working globally are engaged in a wide range of activities.