Maharashtra Charity Commissioner greenlights investment by public trusts in broaderrange of securities without prior approval
The Maharashtra Charity Commissioner’s Circular No. 619 dated 21st July 2025 marks a significant step toward modernizing investment norms for public trusts registered under the Maharashtra Public Trusts Act, 1950. The circular permits trusts to invest up to 50% of their funds in a wider range of government-backed securities, debt [...]