Business

National Savings announces Rs.100 Prize Bond draw on May 15, 2026

Published by
Web Desk

ISLAMABAD: National Savings Center has announced that the 54th draw of Rs. 100 Prize Bond will be held on May 15, 2026. Bondholders are hopeful for the first big amount.

Prize Details:

  • First Prize: Rs. 7,00,000 (for one lucky winner only)
  • Second Prize: Rs. 2,00,000 (for 3 winners)
  • Third Prize: Rs. 100,000 each (for multiple winners)

Tax Deduction:

As per the laws of the Government of Pakistan, there will be a tax deduction of 15% for registered individuals and 30% for unregistered individuals on the prize money. This tax is final under Section 156 of the Income Tax Ordinance 2001 and is non-refundable.

National Savings says that the money invested in the prize bond is completely safe and citizens can convert the bonds into cash at any time without any deduction. These bonds are available at all commercial bank branches and National Savings Centers.

Web Desk

Recent Posts

Pakistan suffer 14th consecutive defeat in FIH Pro Hockey League

LONDON: Pakistan's disappointing run in the FIH Pro Hockey League continued as the national team…

17 minutes ago

FIFA World Cup 2026: Which teams are already out?

NEW YORK: After the first two rounds of the group stage of the FIFA World…

1 hour ago

Deputy Commander-in-Chief of Libyan armed forces meets Field Marshal Asim Munir

ISLAMABAD: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Deputy Commander-in-Chief of…

2 hours ago

Iqrar Ul Hassan Family Celebration Sparks Debate On Social Media

Pakistani television host and investigative journalist Iqrar Ul Hassan has once again become a trending…

2 hours ago

Samantha Ruth Prabhu Pregnancy Rumors Spark Buzz Among Fans

Popular South Indian actress Samantha Ruth Prabhu is once again making headlines, but this time…

3 hours ago

Date to obtain BISP mobile SIM extended by June 30

KARACHI: An important alert has been issued for the deserving women of the Benazir Income…

3 hours ago