First-ever medical insurance policy for artists announced in budget.

ISLAMABAD -- The government has announced to establish Film Finance Fund with the annual allocation of one billion rupees and launch first-ever medical insurance policy for the artists.

This was revealed by the Federal Minister for Finance Miftah Ismail during the budget speech 2022-23 in the national assembly on Friday.

The uplift of film, culture and heritage, drama and fine arts was termed necessary to promote soft image of the country at international level and bringing innovations in societal trends.

A five years tax holiday for film makers; five years income tax exemption on construction of new cinemas, production houses, film museums, tax rebate on film and drama export and income tax exemptions for cinema and producers were announced.

Rs.01 billion will be utilized for establishing National Film Studio along with...

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