Karachi, February 12, 2024 – Unclaimed prize bonds worth a staggering Rs 4.77 billion are still up for grabs as the State Bank of Pakistan (SBP) extends the deadline for conversion until June 30, 2024.
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Unclaimed Prize Bonds Worth Rs 5 Billion Linger Despite Deadline Extension
Karachi, November 8, 2023 – In a startling revelation, official data from the State Bank of Pakistan (SBP) has shown that discontinued bearer prize bonds worth a staggering Rs 5 billion remain unclaimed as of September 30, 2023.
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Income Tax Rates on Prize Bond Winnings in Pakistan for FY 2023-24
Karachi, August 4, 2023 – The Federal Board of Revenue (FBR) in Pakistan has announced updated income tax rates on the winning of prize bonds and lottery for the fiscal year 2023-24, in accordance with Section 156 of the Income Tax Ordinance, 2001.
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SBP Warns Public: Prize Bonds to Become Worthless after June 30, 2023
Karachi, June 26, 2023 – The State Bank of Pakistan (SBP) issued a warning on Monday, stating that prize bonds will become worthless if not encashed before June 30, 2023.
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Possibility of Deadline Extension for Exchanging Bearer Prize Bonds beyond June 30
Karachi, June 20, 2023: The government of Pakistan is considering extending the deadline for exchanging bearer prize bonds beyond June 30, 2023, as the last two days of the deadline coincide with public holidays.
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Time is Running Out: Last 15 Days to Redeem Bearer Prize Bonds
Karachi, June 15, 2023 – The State Bank of Pakistan (SBP) has issued a reminder to investors holding bearer prize bonds, stating that they have only 15 days left to redeem their bonds.
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Pakistani Government Extends Deadline for Redemption of Prize Bonds
The Pakistani government has announced an extended deadline for the redemption of certain prize bonds, giving the public another opportunity to encash their bonds.
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Federal government extends deadline for redemption of prize bonds: SBP
In a significant development, the Federal Government has announced an extension to the deadline for the redemption of prize bonds, State Bank of Pakistan (SBP) said on Monday.
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Pakistan extends deadline for redemption of unregistered prize bonds until June 30, 2023
The State Bank of Pakistan (SBP) announced Monday that the Federal Government has extended the deadline for redemption of unregistered prize bonds until June 30, 2023.
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Investment in registered prize bonds declines to Rs 56.84 billion
According to official data, investment in registered prize bonds in Pakistan has declined to Rs 56.84 billion by the end of February 2023, compared with Rs 56.90 billion a year ago.
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