FinanceLegal

Individual – Taxes on personal income

Citizens are liable for income tax from Pakistan and foreign sources. Determination of individual tax income varies depending on the state of residence of individual tax practitioners in Pakistan for the tax year (1 July to 30 June).

The total amount of international income earned by a resident is taxed in Pakistan unless a specific amount is not to be expelled from Pakistan under a double tax protection agreement.

A non-resident is taxed only from a source in Pakistan, including income received or deemed to have been received in Pakistan or is deemed to be collecting or originating in Pakistan.

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