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Don’t collect income tax from pvt univs
SC directs NBR Staff Correspondent Staff Correspondent
The Supreme Court yesterday directed the National Board of Revenue not to collect any income tax from the private universities across the country until further order.
The apex court, however, allowed the government to move separate appeals before it against the 2016 High Court verdict declaring illegal the government imposition of 15 percent income tax on private educational institutions, including private universities and private medical, dental and engineering colleges.
A four-member SC bench headed by Chief Justice Syed Mahmud Hossain gave the orders after hearing 44 leave-to-appeal petitions that the government filed challenging the HC verdict.