Prize Bond Tax Rates Remain Unchanged Under Pakistan Finance Act 2026‑27

Islamabad: Following the implementation of the new Finance Act 2026‑27 on July 1, the federal government has confirmed that tax rates on prize bond winnings in Pakistan will remain unchanged.

Under the updated fiscal rules, active tax filers will continue to pay a 15 percent withholding tax on any prize bond rewards they win. At the same time, the government keeps the withholding tax rate at 30 percent for non‑filers, maintaining the previous structure without any reduction or increase.

The retention of existing tax rates comes as part of broader tax reforms under the Finance Act, which has taken effect at the start of the new budget year. Investors and prize bond holders had been awaiting clarity on how the updated laws would affect savings instruments like prize bonds.

In related news, the 107th quarterly draw for the Rs750 prize bond is due on July 15, 2026, in Lahore, where bond holders across the country will participate and hope for significant winnings.

Source: ARY News