Prize Bonds Archives - Page 2 of 8

Deadline Approaches for Unregistered Prize Bonds in Pakistan

May 14, 2024May 14, 2024Shahnawaz Akhter

With the expiration date looming, holders of unregistered or bearer prize bonds in Pakistan are urged to take action before the window for redemption or exchange closes next month.

Unregistered Prize Bonds Worth Rs 4.77 Billion Await Redemption

February 12, 2024February 12, 2024Shahnawaz Akhter

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.

Unclaimed Prize Bonds Worth Rs 5 Billion Linger Despite Deadline Extension

November 8, 2023November 8, 2023Shahnawaz Akhter

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.

Income Tax Rates on Prize Bond Winnings in Pakistan for FY 2023-24

August 4, 2023May 10, 2026Hamza Shahnawaz

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.

SBP Warns Public: Prize Bonds to Become Worthless after June 30, 2023

June 26, 2023June 26, 2023Hamza Shahnawaz

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.

Possibility of Deadline Extension for Exchanging Bearer Prize Bonds beyond June 30

June 20, 2023June 20, 2023Shahnawaz Akhter

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.

Time is Running Out: Last 15 Days to Redeem Bearer Prize Bonds

June 15, 2023June 15, 2023Faisal Shahnawaz

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.

Pakistani Government Extends Deadline for Redemption of Prize Bonds

June 1, 2023June 1, 2023Hamza Shahnawaz

The Pakistani government has announced an extended deadline for the redemption of certain prize bonds, giving the public another opportunity to encash their bonds.

Federal government extends deadline for redemption of prize bonds: SBP

May 15, 2023May 7, 2026Faisal Shahnawaz

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.

Pakistan extends deadline for redemption of unregistered prize bonds until June 30, 2023

April 17, 2023April 17, 2023Faisal Shahnawaz

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.

Tag: Prize Bonds