The revenue authority has conditionally exempted four hospitals and organisations from paying income taxes incurred on services.
In this connection, four separate gazettes, signed by National Board of Revenue (NBR) Chairman Nojibur Rahman, were published on Monday.
The institutions are Chattagram Maa O Shishu Hospital, the Kidney Foundation Hospital and Reseacrh Institute, the Probin Kalyan Sangstha, and the Society for Assistance to Hearing Impaired Children (SAHIC).
All these organsiations will have to attach income audit reports along with their tax returns to avail the benefit, the gazettes read.
Chattagram Maa O Shishu Hospital and Kidney Foundation will gets tax exemption on the money they earn by providing medical services. To avail the benefit, the Chittagong hospital will have to keep 20% of its seats reserved for poor patients. They will also have to maintain separate records for the Chattagram Maa O Shishu Hospital and Chattgram Maa-O Shishu Hospital Medical College.
The Kidney Foundation will have to provide all medical facilities free of cost to 30% poor patients. The facilities include admission, residence, outdoor consultation, pathological tests and surgery. They will also have to file a three monthly reports to the deputy tax commissioner concerned for availing the tax exemption.
An another order has allowed tax exemption on donations to Probin Kalyan Sangstha under the relevant provision of the income tax ordinance. This provision gives tax break on donations to only government approved philanthropic and educational institutions.
The condition for the Society for Assistance to Hearing Impaired Children (SAHIC) is that it will have to file audit report along with income tax return.
SAHIC is a voluntary non-government organisation (NGO) that works for the prevention, early detection and rehabilitation of hearing impaired children. SAHIC provides treatment for the ear, nose, throat and diseases of the head and neck that may cause hearing impairment.