Income Tax Ordinance, 2001
Income Tax Ordinance, 2001 — Section 45: President’s honours
45. President’s honours.— (1) Any allowance attached to any Honour, Award, or Medal awarded to a person by the President of Pakistan shall be exempt from tax under this Ordinance.
(2)Any monetary award granted to a person by the President of Pakistan shall be exempt from tax under this Ordinance.
This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.