FBR to launch crackdown against unregistered schools

News Image

By MG News | August 20, 2019 at 05:57 PM GMT+05:00

0:00

August 20, 2019: The Federal Board of Revenue (FBR) has gathered data on private schools and tuition centers that offer up to O-level and A-level education, along with pre-nursery training schools and academies that are running highly profitable businesses, but are not registered with the Board.

Reportedly, these institutions have not been filing returns or declaring their incomes. In order to collect this data, FBR ran a thorough check of every zone within Karachi.

It has been deduced that there are up to 6,324 schools that stand accused.

Previously, the FBR also sent notices to 228 garment stores and boutiques, and 30 hospitals for not being a part of the tax net.

The physicians and surgeons working at Pakistan Medical and Dental Centre (PMDC) were allegedly not registered with the FBR.

Hospitals were also asked to provide information on the doctors practicing there, their incomes and other relevant details.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 128,199.43
336.91M
2.05%
2572.11
ALLSHR 79,787.62
1,023.63M
1.53%
1202.91
KSE30 39,105.00
121.90M
2.49%
951.21
KMI30 186,915.61
131.16M
1.10%
2029.11
KMIALLSHR 54,201.88
553.60M
0.81%
438.07
BKTi 33,476.68
51.49M
4.87%
1555.00
OGTi 27,962.58
9.77M
0.68%
188.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,850.00 106,200.00
105,440.00
100.00
0.09%
BRENT CRUDE 67.12 67.29
67.06
0.01
0.01%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.41 65.65
65.34
-0.04
-0.06%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

Chart of the Day


Latest News
July 02, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 01, 2025 at 10:04 PM GMT+05:00

Pakistan’s trade deficit improves by over 9% in June


July 01, 2025 at 05:24 PM GMT+05:00

Gold price in Pakistan rises Rs6,600 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg