A new tax proposed by the Pakistan government could hit the import of films and television serials produced in India and increase the prices of tickets at cinema halls across the country. While unveiling the budget for 2013-14 in parliament, finance minister Ishaq Dar proposed an
“adjustable withholding tax” to be levied on all foreign films and television serials.
The tax on a foreign-produced film will be Rs. 1 million while the tax for a foreign-produced television drama serial will be Rs. 100,000 per episode.
In the case of foreign-produced television plays too, the tax will be Rs. 100,000, Dar said.
“The new adjustable withholding tax is being proposed for foreign-based films and dramas to make them competitive with the local film industry,” he announ