In Fiscal Year 2017-2018, FBR (Federal Board of Revenue Collected a High Amounts of Fees from Pakistani Colleges and Institutes on Tuition fees. Its Reached near to 3.84 Billion which was Higher than the Previous Year by 24%.
The previous Day, FB R Spokesman told that the High Amount of fees collected from Institutes and Colleges due to Proper Monitoring by FBR Staff.
This withholding tax is only applicable to Pakistani Based Citizens on School Fees. Sources further mention that All Banks and Financial Institutions of Pakistan are responsible for Collecting Tuition Fees.
FBR Means Federal Board of Revenue Pakistan.
How to enroll Yourself on F BR Website.
All These Educational related Expenses are:
- Tuition Fees
- All Education-Related Expenses.
- Boarding and Lodging Expenses.
No More Extension will be given to These All Karachi Private tuitions Centers to avoid to Paid Income Tax.