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Prize bond tax deduction rate 2017 2018





According to withholding tax rate card for year 2017/2018 issued by the FBR, under section 156 of kiwi travel promo code Income Tax Ordinance, 2001 every person making payment is required to withhold tax on payment of prize or winnings.
I suggest that the Government should take a sage decision to immediately increase prize bond win amount so that more and more people could be attracted in investment of prize bonds to accrue the government exchequer for more and more revenue.
Through your highly esteemed daily I would like to draw the kind attention of Government and State Bank authorities towards the increase of tax rate deduction the keg gift card costco on prize bonds.For authentic data please consult National Savings official website.Nasir uddin bangash, haripur KP, post Views: 300, related.Karachi: A non-filer of income tax return on winning of prize bonds is required to pay 25 percent withholding income tax at the time of receiving the amount of winning.Rs.200, 750, 7500, 1500, 15000, 25000 40000 but their win amount yet to be increased after the increase of afore-mentioned taxation rate.Karachi: The Federal Board of Revenue has asked non-filers to pay 25 per cent withholding income tax on winning prize bonds.We are not responsible for any mistakes in the results.There are various domains of prize bonds.e.During the previous fiscal year 2016-17 the Government enhanced tax deduction from 15 to 20 on prize bond win amount but the amount of win still stands intact which was likely to be increased owing to natural phenomena.This is an unofficial portal created to facilitate prize bond owners.Copyright, pakistan Revenue.Disclaimer: We how many points to win presidential election have no association with National Savings of Pakistan or the State Bank of Pakistan.However, the withholding tax will be 20 percent at the time of payment on winning from a raffle, lottery, prize on winning a quiz, prize, offered by companies for promotion of sale crossword puzzles.It is a known fact that there are millions of people across the country who are keen to invest their money in prize bonds comprising of middle and upper classes to become rich over-night.As per the section payment made for prize on quiz bond and cross word the withholding tax rate will be 15 percent in case of filer of tax return and 25 percent in case of non-filer of return.According to withholding tax rate card for year 2017 / 2018 issued.#1 LSU 35, Kentucky 7 Box Score Sept.
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