August 11, 2024 Islamabad, August 11, 2024: The Federal Board of Revenue (FBR) has decisively quashed rumors swirling on social media about the alleged taxation of the prize money awarded to Arshad Nadeem, Pakistan’s golden athlete and the gold medalist at the Paris Olympics 2024. These rumors, which gained traction online, have been dismissed by the FBR as entirely baseless and misleading. Reports had surfaced suggesting that the FBR was preparing to levy taxes on the prize money received by Arshad Nadeem following his historic win. However, the FBR has categorically denied these claims, stressing that such misinformation is both “misleading and disturbing” and does not reflect the government’s stance. In an official statement, the FBR expressed profound respect and admiration for Arshad Nadeem, whose remarkable achievement has brought immense pride to Pakistan. His gold medal in the men’s javelin at the Paris Olympics marks a historic moment, ending a 40-year drought for Pakistan at the Games. The FBR underscored that Arshad Nadeem is not just an athlete but a national hero who has elevated Pakistan’s image on the global stage. “It is clarified at the outset that Arshad Nadeem is our National Hero who has not only elevated Pakistan’s image worldwide but has brought unparalleled joy to the entire Pakistani nation by winning a Gold Medal after 40 years in the Olympics,” the FBR stated, dismissing any speculation about taxing his…