Investment

    Prize Bond / Winnings WHT Calculator

    Section 156 withholding on prize bonds, raffles, lotteries and quiz winnings (15% filer / 30% non-filer).

    Default tax year: Tax Year 2026Section 156 withholding on prize bonds, raffles, lotteries and quiz winnings (15% filer / 30% non-filer).
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    Section 156: 15% filer / 30% non-filer on prizes, lottery, raffle and quiz winnings.

    Rs 1,500,000
    05 M10 M15 M20 M25 M
    Tax base

    Rs 1,500,000

    Department tax

    Rs 225,000

    After tax value

    Rs 1,275,000

    Effective 15.0%

    By department

    Selected department estimate

    Tax Year 2026

    Prize Bond / Winnings WHT

    Section 156 (15%)

    Rs 225,000

    Source: ITO 2001 — Section 156

    Assumption: 15% (filer) / 30% (non-filer) on prize / lottery / quiz winnings.

    Sources & Act reference

    Statutory citations and modelling notes

    Prize Bond / Winnings WHT

    ITO 2001 — Section 156

    15% (filer) / 30% (non-filer) on prize / lottery / quiz winnings.

    Rule trace

    Applied rule and official references

    Applied rule id: legacy-wht-prize-bond-punjab-2026

    Citations

    No citation is mapped for this exact view yet. Please use official quick links below.

    Compliance checklist

    Compliance checklist for this domain/jurisdiction is pending official publication.

    Smart insight

    Estimated Prize Bond / Winnings WHT for Tax Year 2026 is Rs 225,000.

    Estimates only. Verify with latest Finance Act and official jurisdiction notifications before filing or payment.