AGL 37.84 Decreased By ▼ -0.16 (-0.42%)
AIRLINK 217.49 Increased By ▲ 3.58 (1.67%)
BOP 9.49 Increased By ▲ 0.07 (0.74%)
CNERGY 6.61 Increased By ▲ 0.32 (5.09%)
DCL 8.70 Decreased By ▼ -0.07 (-0.8%)
DFML 43.09 Increased By ▲ 0.88 (2.08%)
DGKC 95.10 Increased By ▲ 0.98 (1.04%)
FCCL 35.55 Increased By ▲ 0.36 (1.02%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.73 Increased By ▲ 1.34 (8.18%)
HUBC 127.66 Increased By ▲ 0.76 (0.6%)
HUMNL 13.85 Increased By ▲ 0.48 (3.59%)
KEL 5.36 Increased By ▲ 0.05 (0.94%)
KOSM 6.90 Decreased By ▼ -0.04 (-0.58%)
MLCF 43.63 Increased By ▲ 0.65 (1.51%)
NBP 59.40 Increased By ▲ 0.55 (0.93%)
OGDC 222.98 Increased By ▲ 3.56 (1.62%)
PAEL 39.61 Increased By ▲ 0.45 (1.15%)
PIBTL 8.25 Increased By ▲ 0.07 (0.86%)
PPL 195.50 Increased By ▲ 3.84 (2%)
PRL 38.90 Increased By ▲ 0.98 (2.58%)
PTC 27.68 Increased By ▲ 1.34 (5.09%)
SEARL 104.75 Increased By ▲ 0.75 (0.72%)
TELE 8.61 Increased By ▲ 0.22 (2.62%)
TOMCL 35.50 Increased By ▲ 0.75 (2.16%)
TPLP 13.19 Increased By ▲ 0.31 (2.41%)
TREET 25.40 Increased By ▲ 0.06 (0.24%)
TRG 72.17 Increased By ▲ 1.72 (2.44%)
UNITY 33.20 Decreased By ▼ -0.19 (-0.57%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,993 Increased By 99.2 (0.83%)
BR30 37,338 Increased By 483.4 (1.31%)
KSE100 111,637 Increased By 1213.4 (1.1%)
KSE30 35,162 Increased By 384.3 (1.11%)

KARACHI: Pakistan Centre for Philanthropy (PCP) has approved certification of 19 non-profit organisations. According to the details, PCP, which is authorised by the Federal Board of Revenue (FBR) to certify nonprofits in Pakistan, has granted certification to 19 organisations.

This will benefit them to become eligible for securing international grants and funds for relief efforts and human development in the country. The 19 organisations approved for certification in PCP 99th panel meeting include: Joint Efforts for Community Uplift to Prevail (JECUP), Lahore; Khilari Foundation, Rawalpindi; Hemophilia Patients Welfare Society, Rawalpindi; Taarey Zameen Par Trust, Multan; Society for Sustainable Development, Peshawar; Frontier Foundation Welfare Services, Peshawar; Khanewal Education Trust, Khanewal; Network for Human and Social Development, Rawalpindi; Rising Sun Education and Welfare Society; Lahore Mental Health Association; Damen Support Programme; Sangtani Women Rural Development Organisation; Participatory Welfare Services (PWS), Layyah; The Patients Behbud Society for AKUH, Karachi; Kashf Foundation; The Kidney Centre Postgraduate Training Institute, Karachi; Sarhad Rural Support Programme, Peshawar; Ayesha Chundrigar Foundation, Karachi and Bahria Foundation, Karachi.

PCP certification is entirely a voluntary process involving an objective evaluation against predetermined standards in areas of governance systems, regulatory and policy frameworks, taxation, financial management and transparent program delivery. PCP Executive Director, states: "Certified organisations are entitled to receive income tax benefits from Federal Board of Revenue, being incumbent upon the issuance of certification of good governance."

In all, PCP has certified more than 1200 organisations across Pakistan. During the year 2019-20, a total of 234 organisations were granted certification, whereas 37 applications were rejected for failing to fulfil the rudimentary requirements. The whole process of certification does not compromise on quality of evaluation due to which NACTA also places PCP certified organisations in the category of safe charities.

Copyright Business Recorder, 2021

Comments

Comments are closed.