Tax Exemption Certificate
The Tooba Foundation finally got hold of Tax Exemption Certificate from FBR (Federal Board of Revenue) – Pakistan. What this means in simple words is that
- The Tooba Foundation is in business which generate no profit based income / Interest to which any Tax could be paid
- Any donation provided to The Tooba Foundation will be counted towards given Tax from the Donors.
Yes, for the readers, it means if you are working in Pakistan, you will be paying taxes. You can direct those Tax Money to us and that money would be counted as TAX paid from you to FBR, plus that money will be put to good use as you will see those updates here.
