Section 102 of the Income Tax Ordinance, 2001 explains the tax exemption on foreign source of income.
Following is the text of the Section 102 of Income Tax Ordinance, 2001.
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.
(2) A resident individual shall be treated as having paid foreign income tax in respect of foreign-source salary if tax has been withheld from the salary by the individual’s employer and paid to the revenue authority of the foreign country in which the employment was exercised.
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