750 prize bond 3rd prize amount after tax.
750 Prize Bond 3rd Prize Amount After Tax – Everything You Need to Know
The Rs. 750 Prize Bond is one of the most sought-after savings instruments in Pakistan, offering participants an opportunity to win exciting cash prizes through quarterly draws. If you’re a winner or considering investing in this bond, understanding the 750 Prize Bond 3rd Prize amount after tax is crucial. This comprehensive guide covers everything from the prize amount before and after tax deductions to tax rates and the claiming process.
What Is a Rs. 750 Prize Bond?
The Rs. 750 Prize Bond is issued by the Government of Pakistan through the Central Directorate of National Savings. It provides a risk-free investment option where investors can participate in lucky draws held four times a year—typically in January, April, July, and October.
Prize Structure for Rs. 750 Prize Bond
Each draw includes three prize categories:
- 1st Prize: Rs. 1,500,000 (1 winner)
- 2nd Prize: Rs. 500,000 (3 winners)
- 3rd Prize: Rs. 9,300 (1,696 winners)
750 Prize Bond 3rd Prize Amount After Tax
If you win the 3rd prize of Rs. 9,300, the government deducts withholding tax (WHT) based on your tax filer status:
✅ For Tax Filers: 15% tax is deducted.
✅ For Non-Filers: 30% tax is deducted.
Pakistan’s tax laws favor active tax filers, offering lower deductions on winnings. Additionally, filers enjoy tax benefits on property taxes, motor vehicle taxes, and other financial transactions.
Calculation of 750 Prize Bond 3rd Prize After Tax
For Filers:
- 15% of Rs. 9,300 = Rs. 1,395 (tax deduction)
- Net prize amount after tax = Rs. 7,905
- Total amount received (including face value of Rs. 750) = Rs. 8,655
For Non-Filers:
- 30% of Rs. 9,300 = Rs. 2,790 (tax deduction)
- Net prize amount after tax = Rs. 6,510
- Total amount received (including face value of Rs. 750) = Rs. 7,260
Comparison of After-Tax Amounts for Other Prize Bonds
| Prize Bond | Filers (15% Tax) | Non-Filers (30% Tax) |
|---|---|---|
| Rs. 1,500 Prize Bond (3rd Prize) | Rs. 17,225 | Rs. 14,450 |
| Rs. 200 Prize Bond (3rd Prize) | Rs. 1,262 | Rs. 1,075 |
| Rs. 100 Prize Bond (3rd Prize) | Rs. 950 | Rs. 800 |
How to Claim the 750 Prize Bond 3rd Prize
If you’ve won, follow these steps to claim your winnings:
- Verify your prize bond number on the State Bank of Pakistan (SBP) or National Savings website.
- Visit the nearest National Savings Center (NSC), State Bank of Pakistan, or an authorized bank branch.
- Submit the original prize bond along with a copy of your CNIC.
- Complete the prize claim form, available at the bank or NSC.
- Wait for processing—prize money is usually credited within 3 to 7 working days.
750 Prize Bond Tax Rules & Regulations
- Tax is deducted at the source, meaning you receive the net amount after tax.
- Ensure your tax filer status is updated with the Federal Board of Revenue (FBR) to benefit from lower tax deductions.
- Tax deductions are final and cannot be reclaimed through refunds.
- Prize bonds are valid for six years from the draw date—after that, unclaimed prizes become invalid.
Why Invest in a 750 Prize Bond?
✔ Risk-Free Investment – Unlike stocks or cryptocurrencies, prize bonds retain their face value. ✔ Government-Backed Security – Issued by the State Bank of Pakistan and National Savings. ✔ Exciting Prizes – Multiple chances to win big in quarterly draws. ✔ No Fixed Maturity – You can cash out your investment anytime without penalties. ✔ Tax Benefits for Filers – Lower tax rates on winnings and other financial transactions.
Final Thoughts
Winning the 750 Prize Bond 3rd Prize is an exciting opportunity, but understanding tax deductions ensures you receive the correct amount. If you’re not a tax filer yet, consider registering with FBR to take advantage of lower tax rates and maximize your earnings.
Stay informed about the latest prize bond draw results, tax regulations, and investment strategies by regularly visiting our website. If you have any questions regarding prize bond tax deductions, claiming procedures, or investment tips, feel free to leave a comment below!
Useful Resources:
📌 How to Become a Tax Filer in Pakistan 📌 Download the Latest Prize Bond Draw List (PDF) 📌 Prize Bond Tax Deduction Rates Explained 📌 Calculate Your Prize Bond Tax Online
| Prize Money (PKR) | Filer (15% Tax) | Non-Filer (30% Tax) |
| 1st Prize | Rs. 1,275,750 | Rs. 1,050,750 |
| 2nd Prize | Rs. 425,750 | Rs. 350,750 |
| 3rd Prize | Rs. 8,655 | Rs. 7,260 |
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The 750 prize bond 3rd prize amount after tax is a key concern for many investors who participate in the National Savings prize bond scheme. The Rs. 750 prize bond is one of the most popular denominations among Pakistanis due to its affordability and attractive prize structure. Every three months, lucky draws are held in different cities across Pakistan under the supervision of the State Bank of Pakistan, giving bondholders a fair chance to win prizes. The third prize is awarded to multiple winners, making it a significant attraction for investors who want to test their luck while keeping their investment secure.
The prize bond scheme in Pakistan is a risk-free investment option where bondholders do not lose their principal amount and have the opportunity to win prizes through a transparent draw system. The 750 prize bond 3rd prize amount after tax is determined by applying government-imposed tax rates on the prize money. For general taxpayers, a specific percentage is deducted as withholding tax, while filers enjoy a lower tax deduction compared to non-filers. It is crucial for prize winners to understand the tax implications to know the exact amount they will receive after tax deduction.
Winning a 750 prize bond 3rd prize can be an exciting experience, as it provides an unexpected financial boost without any risk of loss. The third prize, although smaller than the first and second prizes, still offers a good return on investment, especially for those who purchase multiple bonds. Once the results are announced, winners can check their bond numbers online or visit authorized banks to verify their winnings. The process of claiming the prize money is straightforward, requiring winners to submit their original bond along with a copy of their CNIC for verification.
The taxation policy on 750 prize bond 3rd prize amount after tax is regulated by the Federal Board of Revenue (FBR). According to the current tax laws in Pakistan, the tax deduction rate depends on whether the winner is a tax filer or a non-filer. Filers generally have to pay a lower percentage of tax, while non-filers face a higher deduction. This tax is deducted at the source, meaning the amount received by the winner is the net prize after tax has been applied. To maximize earnings, it is advisable for prize bond holders to be registered as tax filers.
Checking the 750 prize bond 3rd prize results online has become easier with digital platforms providing instant updates on draw results. Several websites and government portals allow users to enter their bond numbers and check if they have won. This convenience has made it possible for investors across Pakistan to verify results quickly and avoid unnecessary visits to banks or National Savings centers. Since the prize bond draws are conducted transparently, winners can claim their prizes confidently without any concerns.
The 750 prize bond 3rd prize amount after tax remains an attractive incentive for people who prefer secure and government-backed investment options. Unlike stock markets or other financial instruments that fluctuate in value, prize bonds provide a stable opportunity to earn prizes while retaining the principal investment. Many investors purchase multiple Rs. 750 bonds to increase their chances of winning, and the third prize, being awarded to numerous winners, enhances their probability of success.
It is important to note that prize winners must claim their winnings within six years of the draw date. If not claimed within the given timeframe, the prize money is forfeited. Those who win the 750 prize bond 3rd prize should ensure they complete all necessary formalities and submit the required documents to receive their prize money promptly. Staying updated with the latest prize bond draw schedule and results can help investors plan their investments better and make the most of this financial opportunity.
For those looking to invest in prize bonds, the Rs. 750 denomination remains a popular choice due to its affordability and prize-winning potential. Whether checking the 750 prize bond 3rd prize amount after tax or verifying draw results, it is essential to use reliable sources to get accurate information. The prize bond scheme continues to be a favored investment avenue in Pakistan, offering financial security and the possibility of winning exciting cash prizes without any risk.
