Govt new tax rates for prize bonds, lotteries, sukuk Investments
To enhance revenue, the federal government has introduced new tax measures in the Finance Bill 2024, focusing on winnings from prize bonds, lotteries, and returns on Sukuk investments. Prize Bonds and Lotteries: Updated Tax Rates The Finance Bill 2024 establishes a clear taxation structure for winnings from prize bonds, lotteries, and related activities: Prize Bonds … Read more