Pakistan extends deadline to encash Rs25,000 and Rs40,000 prize bonds ...palestine

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Pakistan extends deadline to encash Rs25,000 and Rs40,000 prize bonds
The government has extended the deadline to encash Rs25,000 and Rs40,000 prize bonds, it announced Saturday. It discontinued Rs40,000 bonds in June 2019. This is the second time the government has extended the deadline to encash the bond. Rs25,000 prize bonds were discontinued in December 2020. The deadline to redeem or replace it with other bonds was May 31, 2021. People can now redeem these prize bonds till September 30, 2021. Why were these bonds discontinued? Genuine investors were interested in buying the Rs25,000 and Rs40,000 bonds because of the high prize money they offered, but they were also favourite for those who wanted to wash their dirty money and dodge the tax

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