NGO may be defined as as association having a definite cultural, educational, economical, religious or social association organization. They are not owned by any one and cannot distribute profits as such. Whatever profits they may earn from economic activities are reinvested or spent on appropriate non profit activities. The typical sources of revenue or nongovernmental organizations are donations, membership fees, interest and dividends on investments.
The NGOs can be registered under any of the following Acts:-
Indian Trust Act, 1882
Societies Registration Act, 1860
Companies Act, 1956, u/s 25.
Charitable and Religious Trusts Act, 1920.
Sikh Gurdwara Act, 1925
Trustees and Mortgagees Powers Act, 1866.
Wakf Act, 1995
Indian Trustees Act, 1866
Religious Endowment Act, 1863.