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Govt seeks suggestions on regulation of taxes to philanthropy

ISLAMABAD: In order to end tax evasion, government seeking suggestions for better regulation of taxation in philanthropic activities. This was stated by Federal Board of Revenue (FBR) spokesperson Dr Muhammad Iqbal on Monday while addressing a pre-budget seminar hosted by Sustainable Development Policy Institute (SDPI) in Islamabad. “The FBR is already offering a number of incentives to organisations involved in philanthropic work,” he said. “However, the priority for the government is to invest in the public sector…