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No Tax on Arshad Nadeem Prize Money – FBR

admin-augaf by admin-augaf
August 11, 2024
in National, News, Sports
Reading Time: 1 min read
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No Tax on Arshad Nadeem Prize Money – FBR

Arshad Nadeem of Team Pakistan celebrates winning the gold medal with New Olympic Record after competing in the the Men's Javelin Throw Final on day thirteen of the Olympic Games Paris 2024 at Stade de France on August 08, 2024 in Paris, France

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Islamabad Augsut 11 2024: FBR clarified that there is no withholding tax on the prizes of Arshad Nadeem and the Government of Pakistan and  FBR are determined to make his income exempt much before he files his return in September, 2025.

FBR states 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.

Arshad Nadeem, who set an Olympic record of 92.97m with this second attempt to pull clear of the rest of the field, held on to secure the Olympic men’s javelin throw gold medal. Pakistan’s first Olympic medal winner since Barcelona 1992 ended the night with another gigantic 91.79m throw on his final attempt.

Tags: Gold MedalParis Olympics
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