Hello Asad,The main issue was that I sent the money from my father's account which is against the policies of Scotiabank. The other issue was that the bank sent the money as an education fee. If you send money to any country for educational purposes, you have to pay 5% tax. If you send it as a personal remittance, the tax doesn't applies.
I went to Meezan, Lahore for GIC. As RO was not aware of the process she said she will get information and update me. Today, I've received this email
"Dear Concern
Yes its possible on the condition to provide student status of beneficiary along with evidence on website of university to show about the living expenses of student and 5% tax is must be deducted..
Thanks/Regards "
This 5% tax is applicable on GIC? isn't it a personal expense?
Please let me know.
Thanks