LAHORE – The Finance Act 2026-27 came into effect on July 1, introducing revised tax rates across multiple categories.
People are now showing interest in the tax rate applicable to profits earned from prize bond winnings.
Prize bonds in Pakistan are a popular savings instrument issued by the government, allowing individuals to invest without the risk of losing their principal amount.
Instead of earning regular interest, investors participate in periodic draws where cash prizes are awarded to selected bond holders.
These bonds are available in various denominations, including Rs200, Rs750, Rs1,500, Rs7,500, Rs15,000, and Rs40,000.
Each denomination has its own draw schedule and prize structure. Prize bonds are considered a secure investment option because they are backed by the government and can be encashed at any time.
They are widely used by people seeking both savings security and a chance to win substantial rewards through luck-based draws held throughout the year.
New Tax Rate on Prize Bond Winning Amount
The federal government has kept the tax rate on winning amount unchanged. The tax rate for filers stand at 15 percent while 30% is charged from non-filers.
Upcoming Prize Bond Draw
Rs750 Prize bond Draw No. 107 is set to take place in Lahore on July 15, 2026. With a grand prize of Rs15Lac, the bond holders are eagerly counting down to one of the most anticipated National Savings draws of the year.
The upcoming draw will award one first prize of Rs1,500,000, while three lucky winners will each receive Rs500,000 as the second prize. In addition, numerous participants will take home the third prize of Rs9,300.
