Foreign content would be subject to higher taxes in the future, according to the Minister of Information and Broadcasting, Fawad Chaudhry, because the local cinema and theatrical industries have suffered as a result of the practise in the past.
As part of a press conference held following the signing of a memorandum of understanding (MoU) regarding the National Entertainment Awards between officials from the Information Ministry, Pakistan Television (PTV), and the Arts Council of Pakistan, Chaudhry stated that the government had finalised a new film policy to incentivize the industry.
Following the new policy, Chaudhry claims that the Federal Bureau of Revenue (FBR) will levie an increased tax on a television channel that airs foreign dramas at a lesser cost than domestic dramas. He claims that the government has campaigned for such a tax increase.
Because international dramas are less expensive than local dramas, international dramas are becoming increasingly popular “Our television networks have made it a habit of bringing in foreign plays to air on their networks.
Because of this, “our local dramas have suffered a huge setback,” says the Minister