Fee Refund and Charging of Advance Tax

Statutes regarding Fee Refund

Under Section 4 (xxiv) and section 25 (1)(b) of the University Act

  1. Fee shall be refunded to candidates who desire to migrate/discontinue studies upon prior application and approval in writing for the same.
  1. The fee shall be refunded as follows:

Percentage of Fee

Timeline ofRefund Application for Semester Calendar Programs

Timeline of Refund Application for Annual Calendar Programs

Full (100%) Fee Refund

Up to 7th Day of Commencement of Classes of the Semester

Up to 15th Day of Commencement of Classes of the Year

Half (50%) Fee Refund

From 8th to 15th Day of Commencement of Classes of the Semester

From 16th to 30th Day of Commencement of Classes of the Year

No (0%) Fee
Refund

From 16th Day of Commencement of Classes of the Semester

From 31st Day of Commencement of Classes of the Year

 

  1. Percentage of fee shall be applicable on all components of fee, except for security and admission charges including prospectus, admission processing, admission fee, etc.
  1. Timeline shall be calculated continuously—i.e., covering both weekdays and weekend.
  1. No refund including security deposit may be permissible if the admission/registration of a student is cancelled upon any disciplinary grounds/violation of the code.
  1. The Security Deposit to the graduates shall be refunded when the respective graduation ceremony is done.
  1. In case of Bachelor of Medicine and Bachelor of Surgery (MBBS) programme, the refund policy/regulations of Pakistan and Medical and Dental Council shall be followed.

 

*******************

Note:  Approved in 14th Meeting of Senate held on June 30, 2018 effective from July 1, 2018.

Policy on Collection/Charging of Advance Tax

(Under Section 236(I) of Income Tax Ordinance, 2001 of the Government of Pakistan)

 

  1. The University shall collect/charge adjustable advance tax at the rate of 5% provided the annual fee exceeds rupees two hundred thousand (Rs. 200,000). The fee shall include the tuition fee and all charges by whatever name called received by the University, excluding the amount received as refundable.
  1. The amount of tax shall be in addition to the prescribed annual fee and once it is deposited with the Government Treasury, the University shall not be liable to make any refund and/or adjustment thereof.