Thirteenth Schedule – Approved donation institutions
Lists institutions whose donations qualify for the s.61 tax credit, in addition to approved NPOs.
Who it applies to
Donors, and the institutions named in the Schedule
Structure and contents
| Part / area | What it covers |
|---|---|
| Examples | Recognised sports boards, The Citizens Foundation, Al-Shifa Trust, Fatimid Foundation, Shaukat Khanum Memorial Trust, National Trust Fund for the Disabled, Cancer Research Foundation, and others |
| Credit | Tax credit at your average rate on donations of up to 30% of taxable income for individuals (20% for companies) |
| Proof | Receipt, and payment by crossed cheque or bank transfer |
How it works in practice
Claim the credit in the return with the receipt. Donations in kind are valued at fair market value.