ISLAMABAD:
The Finance Ministry on Tuesday notified the draft rules for the introduction of the digital prize bonds in the country, and sought inputs from stakeholders as well as opinions and suggestions from the general public regarding the initiative.
According to the draft rules, the digital prize bonds will be traded through a mobile app. The bonds non-transferable and could not be pledged. The rules propose that the prize money will be taxed but there would be no Zakat deduction.
There will be no limit of maximum investment in digital bonds.
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