Staff Reporter
Noted Economist Prof Wahiduddin Mahmud has suggested the Government to exempt donations from tax to encourage the wealthy section of the society to philanthropic services.
He was speaking at a seminar on Corporate Social Responsibility organised by Bankers forum at CIRDAP auditorium in the city yesterday.
He said philanthropy is free of income tax in other countries and businesspeople, unlike in Bangladesh, are not only involved in profiteering but also performing corporate responsibilities with their profit money. [Read more]