The Administrator General Zakat has notified the Nisab of Zakat in Pakistan at Rs. 179,689 for the Zakat year 1445-46 AH, according to a notification issued by the Ministry of Poverty Alleviation & Social Safety.
No deduction of Zakat at source shall be made, in case the amount standing to the credit of an account in respect of the assets mentioned in column 2 of Serial No.1 of the first schedule of Zakat and Ushr Ordinance, 1980, is less than Rs. 179,689 on the first day of Ramzan-ul-Mubarak, 1446 A.H.
First day of Ramazan-ul-Mubarak has already been notified as the “Deduction date” likely to fall on 1st or 2nd March 2025 (subject to appearance of the moon) for the deduction of Zakat from Saving Bank Accounts, Profit and Loss Sharing Accounts and other similar Accounts having credit balance of Rs. 179,689.
All the Zakat Collection & Controlling Agencies (ZCCAs) are requested to deduct the Zakat accordingly. A copy of return of Form CZ-08 (A&B) may please be provided to this Ministry immediately after depositing Zakat in Central Zakat Account No.CZ-08 being maintained with the State Bank of Pakistan.
Zakat applies to the savings accounts and products maintained by banks, asset management companies, and other financial entities. Meanwhile, customers who have submitted Zakat exemption certificates will not have any deductions.
The amount under Nisab has increased this year from the previous year’s value of Rs. 135,179 in Pakistan.
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