Old Age Home Trust β Registration, Benefits & Compliance Guide
Prepared by: Compacx Support Services Private Limited 7702102358
Business Vision & Social Impact
The proposed Old Age Home Trust is designed to serve as a social enterprise combining care for senior citizens with structured governance, financial transparency, and long-term sustainability. This initiative addresses a growing societal need while enabling tax-exempt status, community goodwill, and employment generation.
Strategic Business Benefits
For the Organization / Promoters:
Structured charitable entity with long-term community impact
Eligible for tax exemptions (12A/80G) to attract CSR & donor funding
Trust governance structure allows defined control by trustees
Builds reputation as a compliant, purpose-driven entity
For Beneficiaries (Senior Citizens):
Secure, hygienic, and elder-friendly living conditions
Medical care and 24×7 staff assistance
Engaging social life with dignity, routine, and companionship
For Families & Community:
Peace of mind for working families
Positive brand association for donors & volunteers
Employment generation in caregiving and facility operations
Legal & Statutory Compliance Checklist
Entity Formation
Choose Structure: Trust (ideal for philanthropic, non-profit model)
Draft & Register Trust Deed with clear charitable objectives
PAN Application & Bank Account Opening
Appoint minimum two trustees
Mandatory Registrations
Trust Registration with local Sub-Registrar
Apply for 12A (income tax exemption)
Apply for 80G (donor benefit under Income Tax Act)
GST Registration (if revenue from services/sales exceeds threshold)
Operational Licenses & Permissions
Trade License (Municipal Authority)
Health Department NOC (for kitchen & sanitation)
Fire Safety Certificate
Police NOC for resident safety
Building Fitness Certificate
Registration under Maintenance & Welfare of Parents and Senior Citizens Act, 2007
Approval from State Social Welfare Department (if required)
Financial & Accounting Controls
Maintain double-entry bookkeeping system
Conduct annual audit by CA
File Income Tax Return (ITR-7)
Maintain Donation Register and Expense Tracker
Submit Utilization Certificates for grants or CSR funds
Infrastructure & Facility Setup
Elder-friendly building with accessible rooms, ramps, grab rails
Well-equipped kitchen, dining, and medical rooms
Separate space for recreation, prayer, and administration
CCTV monitoring, fire safety equipment, backup power supply
Visitor management & resident logbook
Human Resource & Staffing
Qualified caregivers and nurses with elder care training
Support staff: cooks, cleaners, admin & security
Resident medical records and emergency protocols to be maintained
Mandatory background checks and regular staff training
Outreach, Promotion & Partnerships
Build branding: name, logo, signboard
Design brochures, outreach posters, and digital presence (website + social media)
Collaborate with CSR partners, hospitals, NGOs, local authorities
Engage local youth for volunteering and awareness initiatives
Governance & Code of Conduct
For Residents:
Valid ID, medical history, emergency contact at time of admission
No alcohol, smoking, or violent behavior
Participation in scheduled check-ups & community routines
For Staff:
Uphold dignity and compassion in caregiving
Log daily reports (medications, meals, health issues)
Follow emergency & hygiene protocols
For Facility Managers:
Ensure timely compliance renewals
Resolve grievances within defined timelines
Promote continuous improvement via resident feedback
Maintain trust meeting records, resolutions, and minutes
Summary: Why Register as a Trust?
Feature | Benefit |
---|---|
Simple Setup | Easier registration with clear charitable objectives |
Tax Exemptions | 12A & 80G eligibility |
Asset Lock-In | Ensures all assets are used for old-age welfare |
Governance | Defined roles for trustees; annual filings ensure transparency |
Public Trust | Attracts donations, CSR funds, and goodwill |
For end-to-end assistance in Trust formation, legal compliance, documentation, and operations setup, contact:
Compacx Support Services Private LimitedΒ Β 7702102358
Hyderabad | Vijayawada | Chennai