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The Federal Government has levied a 35 percent income tax on foreign allowances.
According to the second schedule of the Income Tax Ordinance, 2001, “Exemptions on (foreign) allowance or prerequisite which is paid or allowed outside Pakistan by the government to a citizen of Pakistan for rendering services outside Pakistan,” was earlier available under clause 5 of part 1 of the second schedule of the ordinance. This exemption has now been withdrawn.
Sources said that diplomats serving at Pakistan embassies abroad receive a foreign allowance in dollars as per the inflation in their respective countries.
