Donations to girls\\\' schools, colleges exempted from tax


FE Report | Published: June 06, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



The 2014-15 budget has proposed waiver of tax on all donations through banking channels to girls' schools or colleges and vocational and technical institutions to promote girls' education and vocational education.
It has also proposed extension of the tax facility on contribution to any fund created and approved by the government to help victims of natural disasters and accidents as part of CSR (corporate social responsibility).  
Finance Minister AMA Muhith proposed raising the expenditure limit from Tk 80 million to Tk 120 million keeping unchanged the existing condition of allowable limit at 20 per cent of total income of any company.

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