Nisab of Zakat fixed at Rs80,933

Nisab of Zakat fixed at Rs80,933

ISLAMABAD:  The administrator general Zakat on Saturday issued the ‘Nisab of Zakat’ for the Zakat Year 1441-42 A.H at Rs.80,933.00/- (Rupees: eighty thousand nine hundred thirty-three only).

No deduction of Zakat at source shall be mentioned in column 2 of Serial No.1 of the first schedule of Zakat and Ushr Ordinance, 1980 is less than Rs. 80, 933.00/- (Rupees: eighty thousand nine hundred thirty-three only), on the first day: of Ramazan-ul -Mubarak, 1442 A.H as the “Deduction Date” likely to fall on 14th or 15th April 2021 (subject to appearance of moon) for deduction of Zakat from Saving Bank Accounts, Profit and Loss Sharing Accounts and other similar.

Account having credit balance of Rs. 80,933.00/- (Rupees: eighty thousand nine hundred thirty-three only).

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