UBL Retirement Savings Fund
Helps you plan for your life-after retirement by growing your savings over time.
Disclaimer: All investment in pension funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the offering document to understand the investment policies and risk involved. As per Section 63 of Income Tax Ordinance, 2001, an individual or a corporate can have 20% maximum tax rebate on pension funds. Withdrawal from pension fund before retirement shall have tax implications pre-mature withdrawal from Pension funds is subject to tax. Lump sum withdrawal in excess of 50% at or after retirement age will be subject to tax.
Note: Tax credit can only be claimed only once in the minimum 2 year holding period. Consult your tax advisor for more information.