Prize bond: In Pakistan, the government issues lottery bonds called “prize bonds,” which entitle their holders to participate in a regular drawing for the chance to win cash prizes Prize bondholders see these bonds as an investment opportunity, but in actuality, these are savings, not investments. The prize bond scheme …
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Bonds prize: Bonds Prize How much tax on prize bond is in Pakistan? In Pakistan, the tax on prize bonds varies depending on the Filer and non-filers status. The prize bond tax deduction rate for filer is 15% and prize bond tax deduction rate for nonfilers is 30%. However, …
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