WebMar 10, 2024 · The country’s top tax machinery has detected Rs60.308 billion foreign untaxed income disbursements to 75,615 individuals through digital transaction. — AFP/File. WebApr 11, 2024 · Capital gains and investment income earned outside Pakistan are not taxable in the case of non-residents. Dividend income Dividend income is subject to tax at 12.5%. Interest income Interest income is subject to tax at 10%. Pakistan Individual-Deductions:- Employment expenses Significant deductions available against salary …
Pakistan says UAE assures $1 billion loan to revive IMF deal
Web3 hours ago · The nation’s foreign exchange reserves stand at $4 billion while it needs to pay $2.2 billion in the quarter ending June. It expects to rollover debt of $2.3 billion, according to State Bank of ... WebSection 102 - Federal Board Of Revenue Government Of Pakistan Section 102 Home Section 102 Section 102: Foreign source salary of resident individuals (1) Any foreign- source salary received by a resident individual shall be exempt from tax if the individual has paid foreign income tax in respect of the salary. perishable liability
Section 102 - Federal Board Of Revenue Government Of Pakistan
WebFeb 12, 2024 · Taxability of Foreign Remittances Pakistan REMITTANCES BY RESIDENTS 1) Foreign source salary income of a resident individual is exempt from tax if the applicable tax has been deducted at source on such foreign income under section 102 of the Income Tax Ordinance 2001. WebAs per Federal Budget 2024-2024 presented by Government of Pakistan, following slabs and income tax rates will be applicable for salaried persons for the year 2024-2024: … WebSection 51: Foreign-source income of returning expatriates (1) Any foreign- source income derived by a citizen of Pakistan in a tax year who was not a resident individual in any of the four tax years preceding the tax year in which the individual became a resident shall be exempt from tax under this Ordinance in the tax year in which the individual … perishable logistics network