Rs. 3 Million Prize Bond Winner Announced in Multan Draw
The National Savings Centre in Multan has announced the winners of the Rs. 1500 prize bond draw for February 2025. The first prize of Rs. 3 million has been awarded to the holder of prize bond number 402432. Three second prizes of Rs. 1 million each were won by bond numbers 543452, 764165, and 814653.
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Tax Implications for Prize Bond Winners After New Rules
Winners can claim their prize money at any designated bank branch or National Savings office. However, new tax regulations will impact the final amount received. Tax filers will be subject to a 15% tax on prize earnings, while non-filers will face a 30% tax. This represents a significant change in the tax structure for prize bond winnings.
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To illustrate the tax implications: The Rs. 3 million first prize will be taxed at Rs. 450,000 for tax filers and Rs. 900,000 for non-filers. The Rs. 1 million second prize will incur taxes of Rs. 150,000 for filers and Rs. 300,000 for non-filers. The third prize of Rs. 18,500 is taxed at Rs. 2,775 for tax filers and Rs. 5,550 for non-filers. This difference in tax rates emphasizes the benefits of being a tax filer.
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Winners of Rs1500 prize bond for February announced
Prize bonds are available for purchase by all Pakistani citizens at any SBP-BSC office, designated commercial bank branches, and National Savings Centers. Purchasers need to submit an application form along with a copy of their valid CNIC.
Prize Bond 1500 Draw: Winning Numbers Revealed
The winners of the Rs1500 prize bond draw for February 2025 are as follows:
- First Prize (Rs3,000,000): 402432
- Second Prize (Rs1,000,000): 814653, 543452, 764165
- Third Prize (Rs18,500): 1696 winners
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