Income Tax Ordinance, 2001 — Section 50: Foreign-source income of short-term resident individuals

50. Foreign-source income of short-term resident individuals.— (1) Subject to sub-section (2), the foreign-source income of an individual 3[ ]

(a)who is a resident individual solely by reason of the individual’s employment; and

(b)who is present in Pakistan for a period or periods not exceeding three years, shall be exempt from tax under this Ordinance.

(2)This section shall not apply to

(a)any income derived from a business of the person established in Pakistan; or

(b)any foreign-source income brought into or received in Pakistan by the person.