The government has approved a tax rebate facility on donations made to 11 recognised public welfare organisations to encourage charitable and social welfare activities.
The Internal Resources Division (IRD) under the Ministry of Finance issued a notification in this regard recently.
The facility has been introduced under Section 76(1) of the Income Tax Act, 2023.
According to the notification, individual taxpayers who donate to the approved organisations will be eligible for tax rebates in line with the Income Tax Act provisions.
The approved organisations are ASHIC Foundation for Childhood Cancer, Bangladesh Cancer Aid Trust, Al-Markazul Islami, Disabled Child Foundation, Sherpur Diabetic Association, Mawna Diabetic Association, Bangladesh Thalassemia Samity, Autism Welfare Foundation, BRAC, Ramakrishna Math and Ramakrishna Mission, and Dhaka and Chittagong Maa-O-Shishu Hospital.
The notification will come into effect from 1 July, 2026 and remain valid until 30 June, 2030.
