Learning Centre
From the Vakilkaro blog
Practical guides on registration, trademark, tax, NGO and compliance — written and reviewed by our legal team.
NGO & TrustDSC Guide for Section 8 Company Registration
A Digital Signature Certificate (DSC) is an electronic signature issued by a licensed Certifying Authority that enables individuals to securely sign digital documents. During Section 8 Company Registration, proposed dire
NGO & TrustDARPAN Registration
NGO DARPAN Registration is an online registration process through which eligible NGOs may register their organisational details on the designated NGO DARPAN portal. It helps create an official institutional profile by re
NGO & TrustComparison Hub - Section 8 vs Trust
A Section 8 Company and a Trust are both recognised legal structures for charitable activities, but they operate under different legal frameworks and governance models. A Section 8 Company generally follows a structured
NGO & TrustCase Study Hub for NGO
Case Study 1
NGO & TrustCSR Funding Registration
CSR Funding refers to financial support provided by eligible companies towards activities undertaken as part of their Corporate Social Responsibility obligations under the Companies Act, 2013. Eligible Section 8 Companie
NGO & TrustBusiness Current Account for Section 8 Company Registration
A Business Current Account is a bank account opened in the name of a Section 8 Company for conducting official financial transactions. It helps organisations receive donations, manage grants, pay operational expenses and
NGO & TrustBusiness Banking for NGO
Business Banking refers to the organised banking system used by a Section 8 Company for managing its official financial transactions. It includes maintaining a dedicated Business Current Account, organised banking record
NGO & TrustBoard Meeting for Section 8 NGO
A Board Meeting is a formal meeting of the Board of Directors where important organisational matters are discussed and decisions are taken. A professionally managed Section 8 Company should conduct Board Meetings in acco
NGO & TrustBenefits of Section 8 Company Registration
A Section 8 Company offers several important advantages for organisations established for charitable or non-profit purposes. It provides a separate legal identity, limited liability, perpetual succession, structured corp
NGO & TrustAudit for NGO
An audit is an independent examination of an organisation's financial records, books of accounts and supporting documentation. For a Section 8 Company, maintaining accurate accounting records, organised documentation and
NGO & TrustAnnual Compliance Guide
Annual Compliance refers to the ongoing legal, financial and governance responsibilities that a Section 8 Company should fulfil after incorporation. These responsibilities generally include maintaining books of accounts,
NGO & TrustAccounting for NGO
NGO Accounting is the process of recording, classifying, maintaining and reporting the financial transactions of a charitable organisation. For a Section 8 Company, accounting includes maintaining books of accounts, dona
NGO & TrustAOA Guide
The Articles of Association (AOA) is a constitutional document that defines the internal management and governance framework of a Section 8 Company. It generally contains rules relating to members, directors, meetings, v
NGO & Trust80G Registration
80G Registration is a registration available to eligible charitable organisations under the Income-tax Act, 1961. Subject to the applicable legal framework, it relates to the tax treatment of eligible donations made to q
NGO & Trust12A Registration
12A Registration is a tax registration available to eligible charitable organisations under the Income-tax Act, 1961. For an eligible Section 8 Company, obtaining 12A Registration forms part of the applicable tax framewo
NBFC & FinanceSection 8 vs NBFC MFI
A Section 8 Microfinance Company and an NBFC-MFI are not the same. A Section 8 Microfinance Company is generally established to pursue charitable or social objectives through a not-for-profit structure, whereas an NBFC-M
NBFC & FinanceSOP Guide for Section 8 Microfinance Company
SEO Layer
NBFC & FinanceNPA Management Guide for Section 8 Microfinance Company
NPA Management is the organised process of monitoring loan portfolios, identifying repayment stress, reviewing overdue accounts, maintaining documentation and implementing appropriate recovery planning in accordance with
NBFC & FinanceCash Management Guide for Section 8 Microfinance Company
Cash Management is the structured process of managing cash receipts, cash payments, cash custody, recording, reconciliation and internal controls within a Section 8 Microfinance Company. A professional cash management sy
NBFC & FinanceBranch Operations Guide for Section 8 Microfinance Company
Branch Operations refer to the day-to-day operational activities carried out at a branch office of a Section 8 Microfinance Company. These activities generally include customer service, borrower onboarding, loan processi
NBFC & FinanceRisk Management Guide for Section 8 Microfinance Company
Risk Management is the continuous process of identifying, assessing, monitoring and managing risks that may affect a Section 8 Microfinance Company. A professional risk management system generally includes operational ri
NBFC & FinanceRecovery Compliance Guide for Section 8 Microfinance Company
Recovery Compliance is the continuous process of ensuring that loan recovery activities are conducted in accordance with the organisation's approved recovery policy, internal governance standards and the applicable legal
NBFC & FinanceRBI Guidelines for Microfinance Company
A Section 8 Microfinance Company should understand the RBI regulatory framework before commencing financial inclusion activities. RBI requirements depend upon the organisation's actual operations and the applicable legal
NBFC & FinancePAN & TAN Guide for Microfinance
A Permanent Account Number (PAN) is the primary tax identification number allotted to a company for taxation and financial transactions. A Tax Deduction and Collection Account Number (TAN) is required where tax deduction