Friday, 14 June 2013

Imposition of tax on Foreign TV dramas, Films, cable TV operators and satellite TV stations

Imposition of tax on Foreign TV dramas, Films, cable TV operators and satellite TV stationsThe government has imposed tax on the on the foreign TV dramas, films, cable TV operators and satellite TV stations in the budget 2013-14. The tax rates imposed by the FBR according to the fiscal budget 2013 are as follows,
  • Foreign produced films tax rate Rs1,000,000
  • Foreign produced TV dramas Rs100, 000 on single episode
  • Foreign produced TV plays Rs100, 000 on a single episode
 Tax on License:
  • The tax on license (categories provided by Pemra) fee on different ten categories imposed from the range of Rs7500 to Rs875,500
  • On the renewal license the tax rate imposed from Rs10,000 to Rs900,000.
 Tax On TV channels:
The FBR imposed different rates of  tax on different channels, on IPTV the tax on issuance of license rate is Rs100,000 and on renewal the tax rate is Rs1,000,000.
Tax On FM Radio:
On FM Radio, the tax on issuance of license rate is Rs100,000, MMDS Rs200,000 and Mobile TV Rs100,000.
 Tax On Satellite TV Channels:
The tax on issuance of license News or Current will be Rs1,000,000,
  • Sports channel tax rate Rs1,000,000,
  • Regional Language channel tax rate Rs700,000,
  • Health or Agro channel tax rate Rs300,000,
  • Education channel tax rate Rs300,000,
  • Entertainment channel tax rate Rs1,000,000
  • Specialized subject channel tax rate Rs500,000.
To acquire the rights per channel the tax on issuance of license will be as follows ,
  • News/Current Affairs Rs1,000,000,
  • Sports Rs500,000,
  • Education Rs200,000,
  • Entertainment Rs200,000
  • Children Rs350,000.
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