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Pakistan Revenue - PkRevenue.com provides latest news of revenue, business, finance, banking sectors of Pakistan.
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FBR introduces final tax on life insurance payouts to individuals
1+ mon, 3+ week ago (388+ words) Finance Act, 2026 imposes withholding tax on certain life insurance and family takaful payments while exempting death, disability and long-term policy proceeds. ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a Final Tax Regime (FTR) for certain life insurance and…...
FBR Targets Misuse of Life Insurance Policies
2+ mon, 4+ week ago (420+ words) Finance Bill 2026 introduces new taxes on early life insurance payouts to curb misuse of policies for tax arbitrage. ISLAMABAD: The Federal Board of Revenue (FBR) has unveiled sweeping measures in the Finance Bill, 2026 to curb the misuse of life insurance…...