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Donations for Quaid Bagh project exempted from income tax



Business Recorder - March 30, 2001


The Central Board of Revenue has announced exemption of income tax on donations made to the Bagh-e-Quaid-e-Azam Project, Karachi.

The Income Tax Department of Revenue Board has issued SRO. 144(I)/2000 on Wednesday.

Official sources told Business Recorder that Bagh-e-Quaid-e-Azam Project includes construction of park near the Mazar of Quaid-e-Azam Muhammad Ali Jinnah. Any donations given to this project have been exempted from income tax.

The board has made amendment in the Second Schedule to the Income Tax Ordinance 1979 (XXXI of 1979) and added a new clause (xxxviiAa).

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PROF. STANLEY WOLPERT

USA

Such was the great dream and legacy of your Nation's Father. No wonder you continue to revere him as your Quaid-e-Azam, and to enshrine him in your hearts as well as in noble monuments of marble. But the greatest tribute to any man of such genius and inspired leadership, remember, is the do what he asked of you not simple to pay lip-service to his memory, but to activate his legacy by transforming yourselves, and daily labours and nation wide support and co-operation to help turn his Pakistan and yours into one of the greater Nation of the world!

QUAID-E-AZAM ZINDABAD!

PAKISTAN ZINDABAD!

A lecture by Stanley Wolpert, Professor of History, University of California, Los Angeles. Delivered at a seminar organized by the Institute of Regional Studies: March 22, 1998. Click for more - Please wait...

 
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