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Gain on Forigen currency exchange, saved 5 years back as non resident is tax able in Pakistan

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Saved USD in Pakistan I Bank 5 years back in 2018, now exchange rate is almost double if I change now will I pay tax on gain as exchange rate difference

I am non resident Pakistan if have to pay tax aht would be rate

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by (25.1k points)

If you take out the money from bank the it will be taxable income.
Business tax rates will apply on this income. Upto 600k gain will be exempt from tax.
For exact tax calcultions our calculators can be used.

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