The prize bond winners will continue to pay the same tax on their winnings during the 2026-27 fiscal year.
The federal government has decided not to change the tax rates under the new Finance Act, which came into effect on July 1, 2026.
According to the Finance Act and as per the current rules and regulations of the National Savings Pakistan (NSP), the tax on prize bond winnings will remain at 15% for filers and 30% for non-filers, with no increase from the previous financial year.
The unchanged rates mean prize bond holders will not face any additional tax burden on cash prizes this year.
The announcement comes ahead of the Rs750 prize bond Draw No. 107, which is scheduled to take place in Lahore on July 15.
According to the National Savings scheme, the draw will offer a first prize of Rs1.5 million for one winner. Three winners will each receive a second prize of Rs500,000, while hundreds of successful participants will receive third prizes of Rs9,300 each.
Prize bonds remain a popular savings option in Pakistan, particularly among people who prefer not to earn interest on their savings.
The scheme allows investors to preserve their capital while giving them the chance to win cash prizes through quarterly draws.
National Savings currently offers prize bonds in denominations of Rs100, Rs200, Rs750, Rs1,500, Rs7,500, Rs15,000, Rs25,000 and Rs40,000.
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