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Trust - Benefits
 Easy to Form
It is very easy to form a Trust. There is no formal procedure to form a Trust and moreover, it is also not necessary to register the Trust Deed.
Easy to Manage
It is very easy to manage the Trust. Except to the extent provided in the Trust Deed, the Trustee is free to manage the Trust according to his will and prudent business decisions. Moreover, the beneficiaries, do not have any role to play in the management of the Trust.
Exemption of Income Tax
In case of trusts where income applied for charitable or religious purposes, it is exempt from income tax u/s 10 or 11 of the Income Tax Act.
Hugely Popular
Trust as form of business for carrying charitable activities is hugely popular.
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