Tax on Foreign Remittance in Pakistan - Everything You Need to Know

If you're looking for a comprehensive guide on tax on foreign remittances in Pakistan, then you're in the right place! In this video, we'll discuss everything you need to know about the tax implications of sending money from overseas to Pakistan.

Whether you're a Pakistani expatriate living abroad or someone interested in sending money to Pakistan, this video will provide you with all the information you need to know about tax on foreign remittances in Pakistan. So, sit back, relax, and get ready to learn!

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Reference,
Income Tax Ordinance 2001
Section 111 (4)

(4) Sub-section (1) does not apply,—
(a) to any amount of foreign exchange remitted from outside Pakistan through normal banking channels 3[not exceeding 4[five] million Rupees in a tax year] that is encashed into rupees by a scheduled bank and a certificate from such bank is produced to that effect.

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