There are some misleading and disturbing rumours in the electronic and social media that FBR is getting ready to Tax the Prize Money received or to be received by Our National hero Arshad Nadeem.
It is simply a baseless rumour.
It is clarified at the outset that Mr. Arshad Nadeem is our National Hero who has not only elevated Pakistan’s image in the whole world but has made the whole Pakistani nation overjoyed by winning a Gold Medal after 40 years in the olympics.
It is clarified that there is no withholding tax on his prizes and the Government of Pakistan and FBR are determined to make his income exempt much before he files his return in September, 2025.
With this clarification all such rumours must get to rest.
