(Digital Itla) Following the implementation of the new Finance Act 2026-27 on July 1, the federal government has kept the tax rates on prize bond winnings unchanged.
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Tax Filers: A 15% tax deduction will apply to the winning amount.
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Non-Filers: Will face a doubled tax rate of 30%.
The 107th draw for the Rs. 750 prize bond is scheduled for July 15, 2026, in Lahore. The first prize stands at Rs. 1.5 million, followed by three prizes of Rs. 500,000 each.