Government Proposes 5% Withholding Tax on Social Media Earnings in Budget 2026

Copyright protected content copied from PhoneWorld website. The Finance Bill 2026 has proposed a major change in the taxation of Pakistan’s growing digital economy by introducing a new withholding tax regime on income earned through social media platforms. The proposed amendment seeks to insert Section 154B into the Income Tax Ordinance, 2001, bringing revenues generated by digital content creators and social media. .. The post Government Proposes 5% Withholding Tax on Social Media Earnings in Budget 2026 appeared first on PhoneWorld.

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