Prize Bond Tax Update in Pakistan Post Budget 2026
ISLAMABAD – Budget 2026 has officially come into effect, bringing changes in taxes and here are the latest tax deductions on prize bond winnings.
Under the new fiscal year tax policy, filers will continue to pay 15 percent withholding tax on prize bond prizes, while non-filers will face a 30 percent deduction from their winnings. Despite widespread speculation about the new budget, officials have confirmed that no additional tax burden has been imposed on prize bond winners.
Tax on Prize Bonds in Pakistan
| reward | Money | Filer Tax | Money to get | Non-filer Tax | Amount of non-filer |
| First prize | Rs 1,500,000 | Rs.225,000 | Rs 1,275,000 | Rs.450,000 | Rs 1,050,000 |
| Second prize | Rs.500,000 | Rs 75,000 | Rs.425,000 | Rs 150,000 | Rs 350,000 |
| Third prize | Rs 9,300 | Rs 1,395 | Rs 7,905 | Rs 2,790 | Rs 6,510 |
| Prize Bond | reward | reward | Filer Tax | Filer Amount | Non-filer Tax | Amount of non-filer |
| Rs.200 | 1st | Rs 750,000 | Rs 112,500 | Rs.637,500 | Rs.225,000 | Rs.525,000 |
| 2nd | Rs.250,000 | Rs 37,500 | Rs.212,500 | Rs 75,000 | Rs 175,000 | |
| 3rd | Rs 1,250 | Rs 187.50 | Rs 1,062.50 | Rs.375 | Rs.875 | |
| Rs 1,500 | 1st | Rs 3,000,000 | Rs.450,000 | Rs 2,550,000 | Rs 900,000 | Rs 2,100,000 |
| 2nd | Rs 1,000,000 | Rs 150,000 | Rs.850,000 | Rs.300,000 | Rs 700,000 | |
| 3rd | Rs 18,500 | Rs 2,775 | Rs 15,725 | Rs 5,550 | Rs 12,950 | |
| Rs 15,000 | 1st | Rs.30,000,000 | Rs.4,500,000 | Rs.25,500,000 | Rs 9,000,000 | Rs.21,000,000 |
| 2nd | Rs 10,000,000 | Rs 1,500,000 | Rs.8,500,000 | Rs 3,000,000 | Rs 7,000,000 | |
| 3rd | Rs 185,000 | Rs 27,750 | Rs 157,250 | Rs.55,500 | Rs 129,500 | |
| Rs.25,000 (Premium) | 1st | Rs.50,000,000 | Rs 7,500,000 | Rs.42,500,000 | Rs.15,000,000 | Rs.35,000,000 |
| 2nd | Rs.15,000,000 | Rs.2,250,000 | Rs.12,750,000 | Rs.4,500,000 | Rs 10,500,000 | |
| 3rd | Rs.312,000 | Rs.46,800 | Rs 265,200 | Rs.93,600 | Rs.218,400 | |
| Rs 40,000 (Premium) | 1st | Rs.80,000,000 | Rs 12,000,000 | Rs.68,000,000 | Rs.24,000,000 | Rs.56,000,000 |
| 2nd | Rs.30,000,000 | Rs.4,500,000 | Rs.25,500,000 | Rs 9,000,000 | Rs.21,000,000 | |
| 3rd | Rs.500,000 | Rs 75,000 | Rs.425,000 | Rs 150,000 | Rs 350,000 |
Prize bond investors now have another chance to try their luck as the 107th draw of Rs 750 prize bond will be held on 15th July 2026 in Lahore.
Prize bonds are one of the most popular savings instruments in Pakistan, especially among individuals who avoid interest-bearing investments. As the original investment remains intact, holders get a chance to win substantial cash prizes through a transparent draw every three months.
100, 1500 prize bond draw winners announced for May 2026.
The post Prize Bond Tax Update in Pakistan after Budget 2026 appeared first on Daily Pakistan English News.
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