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Tag: digital prize bonds

digital prize bonds
Business
  • Web Desk
  • Mar 18, 2025
Unlimited investment: draft rules for digital prize bonds notified

Initially, the government will issue digital prize bonds in denominations of Rs500, Rs1,000, Rs5,000, and Rs10,000.

first 15-year Zero Coupon Bond
Business
  • Web Desk Karachi
  • Mar 10, 2025
Government to launch digital prize bonds to enhance transparency, reduce fraud

While the prize money will be subject to taxation, it will be exempt from Zakat. This new initiative is designed to mitigate risks associated with theft, loss, or damage, all while improving economic documentation, transparency, and accountability.

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