Article 21 - Students - Sri Lanka

ARTICLE 21 STUDENTS 1. A student who is or was a resident of one of the Contracting States immediately before visiting the other Contracting State and who is present in that other Contracting State solely for the purpose of his education or training shall, besides grants, scholarships and any payments received from sources outside that State for the purpose of his maintenance, education or training, be exempt from tax in that other Contracting State on remuneration which he derives from an employment which he/she exercises in the other Contracting State if the employment is directly related to his studies. 2. The exemption available under paragraph 1 above in respect of remuneration from employment shall not exceed an amount equal to US$ 3000/- per annum. 3. The benefits of this Article shall extend only for such period of time as may be reasonable or customarily required to complete the education or training undertaken, but in no event shall any individual have the benefits of this Article for more than six consecutive years from the date of his first arrival, for the purpose of his education or training in that other Contracting State.