Tax exemption gets cabinet nod
The cabinet yesterday approved in principle the draft Education Trust Fund Act, 2011 with a provision for tax exemption.
The approval came from the cabinet's regular meeting held with Prime Minister Sheikh Hasina in the chair.
PM's Press Secretary Abul Kalam Azad briefed reporters at the PID conference room after the meeting.
He said the prime minister had directed the planning ministry on April 10 last year for creating the fund to help the poor but meritorious students.
Those who want to donate to this fund will enjoy tax exemption for the donation.
Comments