Tax Rebate, Benefit from Life Insurance Policy in Pakistan.

  • Post author:
  • Post category:News

If you have a Life Insurance Policy from State Life Insurance Corporation of Pakistan then you can avail tax rebate, benefit depending on your sum assured. Please get in touch with us for more information regarding the benefit you can avail as the criteria depends on many factors.

You can save upto 20 Percent on your taxes and enjoy the benefits of a Life Insurance policy from State Life.

Criteria

  • The Tax Claimant has to be resident in Pakistan
  • The Tax Claimant should pay individual life insurance premium to a life insurance company registered with the SECP only.
  • Derived income should be chargeable to tax under the head “salary” or income from business’. only.