The government of Bangladesh has granted income tax exemption benefits to 11 institutions recognized as public welfare organizations to encourage individual donations for social welfare activities. The Internal Resources Division (Income Tax) of the Ministry of Finance issued a gazette notification to this effect, under Section 76(1) of the Income Tax Act, 2023. According to the notification, any individual taxpayer donating to these approved institutions will be eligible for tax rebate benefits as per the provisions of the law.

The recognized institutions include ASHIC Foundation for Childhood Cancer, Bangladesh Cancer Aid Trust, Al-Markazul Islami, Disabled Child Foundation, Sherpur Diabetic Association, Maona Diabetic Association, Bangladesh Thalassemia Association, Autism Welfare Foundation, BRAC, Ramakrishna Math and Ramakrishna Mission (Dhaka), and Chattogram Maa-O-Shishu Hospital. The notification was signed by Md. Abdur Rahman Khan, FCMA, Secretary of the Internal Resources Division, by order of the President.

The tax exemption will take effect from July 1, 2026, and remain valid until June 30, 2030, providing a four-year window for donors to benefit from the incentive.