Monday, March 4, 2024

Government slap huge tax on foreign dramas airing in Pakistan: Fawad Chaudhry

The government aims to put higher taxes on foreign content, according to Minister of Information and Broadcasting Fawad Chaudhry, because the local film and drama sector has suffered as a result.

Chaudhry told a press conference after the signing of a memorandum of understanding (MoU) regarding the National Entertainment Awards between the Information Ministry, Pakistan Television, and the Arts Council of Pakistan, that the government had finalised a new film policy to incentivize the industry.

According to Chaudhry, the government proposed in the new policy that the Federal Bureau of Revenue (FBR) levy a greater tax if a channel airs foreign dramas so that they are not cheaper than domestic dramas.

“Our television networks have made it a habit to import international dramas since they are cheaper than local dramas, and as a result, our local dramas have taken a major hit,” he stated.

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