KARACHI –The National Savings Centre, Karachi, has announced the top winners of Rs1,500 prize bond draw for May 2025.
As per the policy of the State Bank of Pakistan (SBP), the winner of the first prize will win an amount of Rs3 million while there are three prizes for second winners as each will get Rs1 million.
The winners can claim the winning amount at any designated bank branches or the offices of National Savings.
1500 Prize Bond Top Winners May 2025
The first prize of Rs3 million has been won by 902481 while the second prize winners are 500006, 516817, 777270.
1500 prize bond Tax Deduction 2025
As per the official policy, rate of tax is 15 percent of prize value for filers, and 35pc of prize value for non-filers.
Tax for Filers
The winner of first prize, in case of filer, will pay a tax of Rs450,000 on prize money. It means the winner will take home Rs2,550,000 out of total winning amount of Rs3,000,000
Similarly, the second prize winners will pay Rs150,000 in wake of tax and they will take home Rs850,000 out of Rs1,000,000.
The winners of the third prize will pay Rs2,775 in wake of tax with total winning amount standing at Rs15,725 for each winner.
Tax for Non-Filers
The non-filer winner of the first prize will have to pay Rs1,050,000 in wake of tax on the winning amount of Rs3,000,000. After tax deduction, the remaining winning amount will be Rs1,950,000.
Similarly, the second prize winners will pay Rs350,000 in wake of the tax with remaining amount standing at Rs650,000 out of the winning amount of Rs1,000,000.
The third prize winners, in case of non-filers, will pay Rs5,550 in wake of the tax on winning amount of Rs18,500 with remaining amount standing at Rs12,950.