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A trust can be registered under Indian Trust Act, 1882 and a society can be formed under the provisions of Societies Registration Act.

At least two trustees are required to register a public charitable trust. However, a minimum of seven members are required for formation of a society.

There is no requirement for annual filing in case of Trusts. However, societies must file annual returns with the Registrar of societies.

Yes, both Trusts and societies are eligible for tax exemption provided the exemption criteria of the Income Tax Act are complied with.