Education consultancies and foreign colleges evade trillions in taxes under the guise of foreign education
Education consultancies and foreign colleges evade trillions in taxes under the guise of foreign education By LB Thapa “Many education consultancies conceal their actual income and avoid paying taxes. In fact, these consultancies charge exorbitant fees and service charges from students, generating enormous profits." According to a report published in Harpan Khabar, numerous education consultancies and foreign colleges are involved in tax evasion amounting to trillions of rupees annually. This is undoubtedly startling news. It has been revealed that under the pretext of sending students abroad, many consultancies and foreign colleges have allegedly evaded hundreds of billions in government revenue, deceived hundreds of thousands of students, and created a chaotic situation that has shaken the state. In response, the government is now preparing to tighten legal measures to curb the activities of these unscrupulous education consultancies. Operating under the facad...