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News

Pkrevenue.com
pkrevenue.com > tax-on-life-insurance-payouts-2026

FBR Explains Tax on Life Insurance Payouts

10+ hour, 53+ min ago   (434+ words) FBR outlines new withholding and final-tax rules on certain life insurance and family takaful payments introduced through the Finance Act, 2026. ISLAMABAD: The Federal Board of Revenue (FBR) has explained the new tax regime on certain life insurance payouts introduced through…...

Pkrevenue.com
pkrevenue.com > fbr-introduces-final-tax-on-life-insurance-payouts-to-individuals

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…...