Tax Exemption for Non Profit Organization in pakistan

Tax Exemption for Non Profit Organization in Pakistan

There are two kind of tax exemption available to Non profit Organization .

The first type of exemption means that someone (Donor) pays the donation to non profit organization then he can claim this amount as expense from the tax authorities under the income tax rules. This type of exemption is granted under section 2(36).

The second type of exemption is to exempt Non Profit Organization income from withholding tax. This exemption is deal under second schedule and the non profit organization who has already got the approved NPO status under section 2(36) can apply for this exemption.