ISLAMABAD: The chief executive officers of Pakistan’s leading insurance companies urged Finance Minister Muhammad Aurangzeb on Monday to restore and reinstate income tax credits for insurance to support the sector.

The delegation presented to the finance minister and his team key proposals and suggestions to boost the insurance sector’s growth and productivity.

The meeting at the finance division was also attended by senior government officers.

The CEOs’ delegation called reforming capital gains and dividend taxations and sought minimum turnover tax exemptions. They also advocated for centralised insurance taxation to ensure consistent treatment and eliminate double taxation at the provincial level.

Aurangzeb........

© Dawn Business