Wednesday, September 16, 2026
Wednesday, September 16, 2026
Watch Live
UPDATED
FUEL PRICE
16-SEP-2026
PETROL
+4.10 PKR
Rs. 384.34/ltr
DIESEL
+6.41 PKR
Rs. 415.83/ltr

Govt proposed 5% withholding tax on social media income

Muhammad Aurangzeb presented Rs18,771 billion federal budget on Friday.

Web Desk June 13, 2026 Add Bol News as a trusted source

The federal government has proposed a 5 percent withholding tax on income earned by social media influencers through platforms such as YouTube, Facebook, Instagram, and TikTok.

According to the Finance Bill 2026, a social media influencer is defined as any individual or business that generates income through social media platforms. The bill states that these payments may be received through domestic remittances, bank transfers, or direct credits into accounts.

For resident taxpayers, the proposed withholding tax will be treated as the minimum tax liability. In the case of non-residents who do not have a permanent establishment in Pakistan, the deducted withholding tax will be considered their final tax obligation.

Finance Minister Muhammad Aurangzeb presented the Rs18,771 billion federal budget on Friday as the government seeks to manage the country's fragile economic situation, which has been further affected by the energy crisis and tensions in the Middle East.

If approved, the new tax measure will formally bring social media earnings into Pakistan's documented economy and place online content creators under the country's regular taxation framework.

Recommended