The new Drama Tax, Film, TV Tax
By: Mehtab Haider
ISLAMABAD: The government has proposed taxes on foreign produced films, foreign TV dramas, cable TV operators and satellite TV stations in the budget 2013-14.
According to Finance Bill 2013, on foreign produced films the FBR imposed tax at rate of Rs1,000,000, foreign produced TV dramas Rs100,000 on per episode and foreign produced TV plays Rs100,000 on single episode.
On license category provided by Pemra, the tax on license fee imposed from the range of Rs7500 to Rs875,500 on different ten categories while on renewal license, the rate of tax has been ranged from Rs10,000 to Rs900,000.
On different type of channels, the FBR imposed taxes at different rates as on IPTV the tax on issuance of license has been proposed at rate of Rs100,000 and on renewal the tax will be charged at the rate of Rs1,000,000. On FM Radio, the tax on issuance of license will be charged at rate of Rs100,000, MMDS Rs200,000 and Mobile TV Rs100,000.
On Satellite TV station, the tax on issuance of license News or Current will be charged at rate of Rs1,000,000, Sports Rs1,000,000, Regional Language Rs700,000, Health or Agro Rs300,000, Education Rs300,000, Entertainment Rs1,000,000 and specialized subject station Rs500,000.
On landing rights per channel, the tax on issuance of license will be charged for News/Current Affairs to the tune of Rs1,000,000, Sports Rs500,000, Education Rs200,000, Entertainment Rs200,000 and Children Rs350,000.