Source: JIO Welfare Organization Khyber Pakhtunkhwa Charity Commission has been established and will be active very soon. As it happened in Punjab, all the nonprofit organizations (NPOs) based in Khyber Pakhtunkhwa will be required to registered with the newly established commission. As per our information, the deadline for registration for NGOs/NPOs was set as August 5, 2020. This seems unrealistic now. However, we can safely say that the KP government will start registration soon. The Commission has set up its website, which can be visited here: KP Charities Commission. The screenshot is attached here.
Islamabad – The non-profit organisations (NPOs) have voiced their concerns over proposed imposition of income tax on the organisations on their surplus restricted funds by the government through the Finance Bill 2017-18. In a joint declaration issued here through the platform of Pakistan Development Alliance (PDA), NPOs voiced their concern and demanded to withdraw any such proposal, describing it as “unwarranted and unjustifiable.” The federal government, under Section 100 C of the Finance Bill 2017, has proposed income tax at 10 per cent for NPOs on surplus restricted funds. In case the administrative expenses exceed 15 per cent of the total […]