750 Prize Bond 3rd Prize Amount After Tax—Complete Details
The 750 Prize Bond is one of the most popular denominations in Pakistan, attracting thousands of participants in every draw. If you are a winner or planning to invest in this prize bond, understanding the 750 Prize Bond 3rd Prize amount after tax is essential. In this blog, we will cover all the details, including the prize money before and after tax deduction, tax rates, and how to claim your winnings.
The 750 prize bond is issued by the Government of Pakistan through the Central Directorate of National Savings. These bonds provide a risk-free investment option with the chance to win exciting cash prizes through lucky draws held every quarter.
750 Prize Bond Draw Schedule and Prizes
The 750 prize bond draw takes place four times a year, usually in January, April, July, and October. Each draw announces three prize categories:
First Prize: 1 winner gets Rs. 1,500,000
Second Prize: 3 winners each get Rs. 500,000
Third Prize: 1696 winners each get Rs. 9,300
750 Prize Bond 3rd Prize Amount After Tax
If you win the 3rd prize of Rs. 9,300, you must understand the applicable tax deductions. The government deducts withholding tax (WHT) based on the winner’s filing status: