Tax incentive for hiring physically challenged

Employers hiring over 25 persons who are physically challenged or of the third gender or over 10 per cent of whose employees comprise such persons are expected to become eligible for a tax rebate.

The tax rebate may be provided on 75 per cent of the salary paid to these persons or of 5 per cent of the payable tax, whichever is less.

Tap here to add The Daily Star as a trusted source

Currently, employers get a 5 per cent rebate on payable tax if a minimum of 10 per cent of their total workforce comprise persons who are physically challenged or of the third gender.

The same goes for cases when more than 100 persons of the workforce are of the third gender.