As of 9 September 2026, the current withholding tax on Prize Bond winnings in Pakistan is:
- Filer / person appearing on ATL: 15%
- Non-filer / person not appearing on ATL: 30%
- ATL means the Federal Board of Revenue’s Active Taxpayers List.
- Prize Bond tax is normally deducted at source before the prize money is paid to the winner.
National Savings currently states that the tax rate is 15% of the prize value for filers and 30% for non-filers. Its official FAQ also confirms that the deduction is made at source at the time of payment. FBR’s withholding-tax material places Prize Bond winnings under section 156.
| Status | Tax Rate | Tax on Rs.100,000 | Net Prize |
|---|---|---|---|
| Filer / ATL | 15% | Rs.15,000 | Rs.85,000 |
| Non-filer / Non-ATL | 30% | Rs.30,000 | Rs.70,000 |
The calculation is straightforward:
Tax = Gross Prize × Applicable Tax Rate
Net Prize = Gross Prize − Tax
For a quick calculation using any prize amount, use the Prize Bond Tax Calculator.
Prize Bond Tax Rate for Filers
A Prize Bond winner whose status qualifies for the ATL rate is currently subject to 15% withholding tax on the gross prize amount.
National Savings describes filers for this purpose as persons appearing in the Active Taxpayers List. FBR also identifies lower withholding tax on Prize Bond winnings as one of the benefits of ATL status.
For example, if the gross prize is Rs.1,000,000:
Tax = Rs.1,000,000 × 15%
Tax deducted = Rs.150,000
Net prize = Rs.850,000
The 15% deduction is calculated on the prize amount, not on the face value of the Prize Bond.
A Rs.1,500 bond that wins Rs.3,000,000 is therefore taxed on Rs.3,000,000, not on Rs.1,500.
Prize Bond Tax Rate for Non-Filers
The current withholding rate for a Prize Bond winner who is not appearing on the ATL is 30% of the gross prize amount.
For a Rs.1,000,000 prize:
Tax = Rs.1,000,000 × 30%
Tax deducted = Rs.300,000
Net prize = Rs.700,000
This means ATL status can make a substantial difference when the prize is large.
For example, on a Rs.3,000,000 prize:
| Status | Gross Prize | Tax | Net Prize |
|---|---|---|---|
| Filer / ATL | Rs.3,000,000 | Rs.450,000 | Rs.2,550,000 |
| Non-filer / Non-ATL | Rs.3,000,000 | Rs.900,000 | Rs.2,100,000 |
| Difference | Rs.450,000 | Rs.450,000 |
The difference comes from the applicable withholding rate, not from a different prize amount.
What Does ATL Status Mean?
ATL stands for Active Taxpayers List. It is maintained by the Federal Board of Revenue.
For Prize Bond withholding purposes, what matters is whether the winner is treated as appearing on the relevant ATL when the tax treatment is determined.
FBR provides online and SMS methods for checking Active Taxpayer status. Its current ATL information was being updated in September 2026, including an Income Tax ATL update dated 7 September 2026 in the English listing and 9 September 2026 on the Urdu FBR listing.
Having an NTN or having filed a return at some point should not automatically be treated as proof that the lower Prize Bond withholding rate will apply. Check your current ATL status through FBR before relying on the filer calculation.
How Prize Bond Tax Is Calculated
There are only three figures needed for a basic Prize Bond tax calculation:
- Gross prize amount
- Applicable tax rate
- Taxpayer status
Formula for a filer
Tax = Gross Prize × 0.15
Net Prize = Gross Prize × 0.85
Example:
Gross Prize = Rs.500,000
Tax = Rs.500,000 × 0.15
Tax = Rs.75,000
Net Prize = Rs.500,000 − Rs.75,000
Net Prize = Rs.425,000
Formula for a non-filer
Tax = Gross Prize × 0.30
Net Prize = Gross Prize × 0.70
Using the same Rs.500,000 prize:
Tax = Rs.500,000 × 0.30
Tax = Rs.150,000
Net Prize = Rs.500,000 − Rs.150,000
Net Prize = Rs.350,000
These calculations estimate the amount remaining after the stated Prize Bond withholding deduction. They are not personalized income-tax advice.
Prize Bond Tax Examples
The following table makes it easier to compare several Prize Bond prize amounts at the current 15% and 30% rates.
| Gross Prize | Filer Tax 15% | Filer Net Prize | Non-Filer Tax 30% | Non-Filer Net Prize |
|---|---|---|---|---|
| Rs.18,500 | Rs.2,775 | Rs.15,725 | Rs.5,550 | Rs.12,950 |
| Rs.100,000 | Rs.15,000 | Rs.85,000 | Rs.30,000 | Rs.70,000 |
| Rs.500,000 | Rs.75,000 | Rs.425,000 | Rs.150,000 | Rs.350,000 |
| Rs.1,000,000 | Rs.150,000 | Rs.850,000 | Rs.300,000 | Rs.700,000 |
| Rs.1,500,000 | Rs.225,000 | Rs.1,275,000 | Rs.450,000 | Rs.1,050,000 |
| Rs.3,000,000 | Rs.450,000 | Rs.2,550,000 | Rs.900,000 | Rs.2,100,000 |
| Rs.30,000,000 | Rs.4,500,000 | Rs.25,500,000 | Rs.9,000,000 | Rs.21,000,000 |
| Rs.80,000,000 | Rs.12,000,000 | Rs.68,000,000 | Rs.24,000,000 | Rs.56,000,000 |
For any amount not shown here, enter the prize value in the Prize Bond Tax Calculator instead of calculating it manually.
Gross Prize vs Tax Deduction vs Net Prize
These terms are easy to mix up.
Gross prize is the full advertised winning amount before withholding tax.
Tax deduction is the amount withheld from that gross prize at the applicable rate.
Net prize is the amount remaining after subtracting the withholding tax.
For example:
| Calculation | Amount |
|---|---|
| Gross Prize | Rs.1,500,000 |
| Filer Tax at 15% | Rs.225,000 |
| Net Prize | Rs.1,275,000 |
A non-filer winning the same amount would have:
| Calculation | Amount |
|---|---|
| Gross Prize | Rs.1,500,000 |
| Non-Filer Tax at 30% | Rs.450,000 |
| Net Prize | Rs.1,050,000 |
You can see current prize structures by denomination on the Prize Detail page.
Does the Same Tax Apply to Premium Prize Bonds?
Yes. National Savings states that withholding tax applies to Premium Prize Bond prize money as well.
Its current FAQ gives the same Prize Bond withholding rates:
- 15% for persons appearing on ATL
- 30% for persons not appearing on ATL
National Savings separately notes that withholding tax also applies to profit on Premium Prize Bonds. Prize money and periodic profit are different payments, even though withholding rules may apply to both.
For more detail on registered Rs.25,000 and Rs.40,000 bonds, see Premium Prize Bonds.
Example: Rs.80 million Premium Prize Bond prize
At the current rates:
Filer
Rs.80,000,000 × 15% = Rs.12,000,000 tax
Estimated net = Rs.68,000,000
Non-filer
Rs.80,000,000 × 30% = Rs.24,000,000 tax
Estimated net = Rs.56,000,000
National Savings currently lists Rs.80 million as the highest prize for the Rs.40,000 Premium Prize Bond.
When Is Filer Status Checked?
Prize Bond withholding tax is connected to ATL status, so winners should verify their taxpayer status before submitting or completing a prize claim.
The official National Savings wording refers specifically to persons appearing in ATL for the filer rate and persons not appearing in ATL for the non-filer rate.
FBR allows taxpayers to check ATL status through its official verification facilities, including online checking and an SMS service.
Do not assume that the rate applicable to you months earlier will necessarily remain the relevant status when the prize is paid. Check the current FBR record.
For the documents and process used when collecting a winning amount, see How to Claim a Prize Bond.
Is Prize Bond Tax Deducted Before Payment?
Yes, under the normal withholding process.
National Savings says the applicable tax is deducted at source at the time of payment of prize money. FBR’s section 156 withholding material likewise treats the tax as a deduction connected with payment of Prize Bond winnings.
That means a winner normally receives the amount remaining after withholding rather than first receiving the full gross prize and separately paying this deduction later.
Example:
Gross prize: Rs.1,000,000
Filer withholding: Rs.150,000
Amount after withholding: Rs.850,000
Can Prize Bond Tax Rates Change?
Yes.
Prize Bond withholding rates are determined under Pakistan’s tax framework and can be changed through legislation or amendments to the Income Tax Ordinance and its schedules.
FBR lists an Income Tax Ordinance version amended up to 30 June 2026, while National Savings’ current Prize Bond information continues to state 15% for filers and 30% for non-filers.
This page was therefore reviewed on 9 September 2026 using the latest official material available during the review.
Older articles, screenshots or calculators may contain outdated rates. Always check the review date before using a Prize Bond tax calculation.
How to Check Your Estimated Net Prize
For a fast estimate:
- Enter your gross Prize Bond prize amount.
- Select filer or non-filer status.
- Apply the current rate.
- Subtract the calculated withholding tax from the gross prize.
You can do this automatically with the Prize Bond Tax Calculator.
For example, enter Rs.3,000,000:
- Filer: estimated withholding Rs.450,000, net Rs.2,550,000
- Non-filer: estimated withholding Rs.900,000, net Rs.2,100,000
The calculator is intended as a reference tool. Your official payment record remains the relevant evidence of the amount actually deducted.
Saving.com.pk provides general public information about Prize Bonds and National Savings matters. It does not provide personalized tax, legal or financial advice. For individual tax treatment or return-filing questions, use official FBR information or seek appropriately qualified professional advice.
FAQs
Is Prize Bond tax 15% for filers in Pakistan?
Yes. As of 9 September 2026, National Savings states that the withholding tax on Prize Bond prize money is 15% for filers/persons appearing on the Active Taxpayers List.
How much Prize Bond tax does a non-filer pay?
The current National Savings rate is 30% of the gross prize amount for a person not appearing on ATL. A Rs.1,000,000 prize would therefore have Rs.300,000 withheld, leaving Rs.700,000 after that deduction.
Is tax calculated on the Prize Bond’s face value?
No. The withholding calculation is based on the prize amount won, not the denomination printed on the bond.
Is Prize Bond tax deducted automatically?
National Savings states that the tax is deducted at source at the time prize money is paid. The winner therefore normally receives the net amount after the applicable withholding deduction.
Does a Premium Prize Bond winner also pay tax?
Yes. National Savings says withholding tax applies to Premium Prize Bond prize money, with 15% for persons appearing on ATL and 30% for persons not appearing on ATL.
How can I confirm my ATL status?
FBR provides official ATL checking facilities online and by SMS. For individuals, FBR’s instructions include sending ATL followed by the 13-digit CNIC number to 9966.