Prize Bond Tax Calculator Pakistan
Won a prize bond draw? Enter the prize amount to see how much tax is deducted and how much you actually receive. The tax is deducted at source by the bank or National Savings before the prize is paid to you.
Tax rates on prize winnings (editable)
Rate applied: 15% (Filer) | Bond: Rs 40,000 | Deducted at source by the bank or National Savings.
How it works
- Enter the prize amount you won, in PKR.
- Select your bond denomination for your record.
- Choose filer or non-filer. Filers are charged 15 percent, non-filers 30 percent, and both rates are editable above.
- The tax deducted and the net prize you receive appear instantly.
This applies per prize: every prize win is taxed separately at the same rate. The deduction happens at source, so the amount you collect is already the net amount. Rates can change, so confirm with the bank or National Savings at the time of claiming.
Frequently asked questions
Why is the non-filer rate double the filer rate?
The published rates are 15 percent for filers and 30 percent for non-filers on prize winnings. Registering as a filer can therefore cut the deduction in half.
Do I need to pay any more tax after the deduction?
The deduction happens at source when the prize is paid. Keep the prize certificate or bank slip as proof of the tax already deducted.
Does the denomination of the bond matter for the tax?
No. The rate is set by your filer status only. The denomination field is there so your record matches the bond you hold.
Is this calculator official?
No. It is an estimate based on the published rates shown above, for planning only. Confirm the current rate with the bank or National Savings before claiming a prize.