FBR Releases 2024 Tax Exemption List for Charitable Organizations to Promote Philanthropy and Social Welfare

• FBR has released a list of charitable organizations eligible for tax exemption in 2024
• The exemptions are subject to the provisions of section 100C of the Income Tax Ordinance, 2001
• The list includes various institutions, foundations, societies, boards, trusts, and funds
• The initiative aims to encourage philanthropy and support organizations contributing to social welfare, health, education, and other sectors
• Tax exemptions for these entities are part of the government’s strategy to promote and recognize the contributions of charitable organizations.

Source: pkrevenue.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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