HomeSportsArshad Nadeem Honored with Hilal-e-Imtiaz And Tax-Free Rewards

Arshad Nadeem Honored with Hilal-e-Imtiaz And Tax-Free Rewards

Radio Pakistan reports that Pakistan’s lower house has unanimously recommended that Arshad will receive the highest civilian award. 

On August 14th, Pakistan Independence Day 2024, the government will announce the Hilal-e-Imtiaz awards. He is a true national hero. The golden boy will be one of the recipients. The award will be given on March 23, 2025.

Hilal-e-Imtiaz award is one of the highest honors in Pakistan. It recognizes his incredible achievements in sports. Honoring Nadeem on Independence Day is a proud moment for the country. 

No Tax on Arshad Nadeem Medal

After his exceptional performance, Arshad Nadeem was promised rewards by the federal, Punjab, and Sindh governments. However, there were concerns about possible taxes on these rewards. 

The Federal Board of Revenue (FBR) confirmed that his prize money will not be taxed. Olympic prizes are exempt from taxation under the Income Tax Ordinance. This decision ensures Arshad Nadeem will receive his rewards without any deductions.

READ ALSO: Paris Olympics 2024: Arshad Nadeem vs Neeraj Chopra – The Javelin Throw Rivalry

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