25000 Prize Bond List 12 June 2023
25000 Prize Bond List 12 June 2023. Here complete draw result for the Rs25000 prize bond is provided which was held on 12 June 2023 at Faisalabad.
How much withholding tax is deducted from the prize bond?
Withholding tax on prize bonds refers to the tax that is deducted at the source by the government or relevant authority when prize winnings are distributed to the bondholders. In Pakistan, for example, there are specific withholding tax rates applicable to prize bond winnings. These rates determine the percentage of the prize amount that is withheld as tax before the remaining balance is paid out to the winner. The purpose of withholding tax is to ensure that taxes are collected in a timely manner and to ease the burden of tax compliance for the individuals receiving the prize winnings.
| Tax Rate on | For Filer | For Non filer |
|---|---|---|
| Prize Bond Winning amount | 15% | 30% |
25000 Prize Bond Draw Result 12 June 2023
On 12 June 2023 prize bond draw of Rs25000, No 10th held (Monday) at Faisalabad city. Following is the prize bond draws result of Rs25000 prize bond value:
