{"id":64396,"date":"2020-04-21T18:02:27","date_gmt":"2020-04-21T13:02:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64396"},"modified":"2020-04-21T18:02:28","modified_gmt":"2020-04-21T13:02:28","slug":"nisab-zakat-announced-this-ramazan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nisab-zakat-announced-this-ramazan.html","title":{"rendered":"Cabinet secretariat issues notification designating nisab for Zakat"},"content":{"rendered":"\n<p>Karachi: The Federal Cabinet Secretariat\u2019s Poverty Alleviation and Social Safety Division has issued a notification designating the minimum amount in bank accounts qualifying for zakat deduction (nisab), a news source reported. This year\u2019s nisab has been set at PKR 46,329.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/easypaisa-partners-punjab-govt-distribute-pkr-1-5-million-zakat-funds.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Easypaisa partners with Punjab govt to distribute PKR 1.5 million in Zakat funds (opens in a new tab)\">Easypaisa partners with Punjab govt to distribute PKR 1.5 million in Zakat funds<\/a><\/p>\n\n\n\n<p>An amount worth about 2.5% of the total will be deducted\nfrom saving or other such bank accounts with a balance of PKR 46,329 or higher\non the first day of Ramazan. As per reports, the first day of Ramazan is going\nto be either on April 24 or 25 \u2013 subject to the sighting of the moon.<\/p>\n\n\n\n<p>Those having a balance lower than PKR 46,329 or the ones who have submitted the zakat exemption affidavit will not have zakat deducted from their accounts. Zakat will also not be deducted from the current accounts belonging to individuals or corporations. <\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/easypaisa-partners-punjab-govt-distribute-pkr-1-5-million-zakat-funds.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Easypaisa partners with Punjab govt to distribute PKR 1.5 million in Zakat funds (opens in a new tab)\">Easypaisa partners with Punjab govt to distribute PKR 1.5 million in Zakat funds<\/a><\/p>\n\n\n\n<p>The amount of nisab has been raised by PKR 1,914 this year \u2013\nfrom previous year\u2019s PKR 44,415. It is calculated according to the price of\ngold and silver. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Federal Cabinet Secretariat\u2019s Poverty Alleviation and Social Safety Division has issued a notification designating the minimum amount in bank accounts qualifying for zakat deduction (nisab), a news source reported. This year\u2019s nisab has been set at PKR 46,329. Read: Easypaisa partners with Punjab govt to distribute PKR 1.5 million in Zakat funds An amount worth about 2.5% of the total will be deducted from saving or other such bank accounts with a balance of PKR 46,329 or higher on the first day of Ramazan. As per reports, the first day of Ramazan is going to be either on April 24 or 25 \u2013 subject to the sighting of the moon. Those having a balance lower than PKR 46,329 or the ones who have submitted the zakat exemption affidavit will not have zakat deducted from their accounts. Zakat will also not be deducted from the current accounts belonging to individuals or corporations. Read: Easypaisa partners with Punjab govt to distribute PKR 1.5 million in Zakat funds The amount of nisab has been raised by PKR 1,914 this year \u2013 from previous year\u2019s PKR 44,415. It is calculated according to the price of gold and silver.<\/p>\n","protected":false},"author":57,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[26880],"persona":[],"class_list":{"0":"post-64396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-cabinet-secretariat-issues-notification-designating-nisab-for-zakat","9":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nisab for zakat announced for this Ramazan - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Federal Cabinet Secretariat\u2019s Poverty Alleviation and Social Safety Division has issued a notification designating the minimum amount in bank\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/nisab-zakat-announced-this-ramazan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nisab for zakat announced for this Ramazan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Federal Cabinet Secretariat\u2019s Poverty Alleviation and Social Safety Division has issued a notification designating the minimum amount in bank\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/nisab-zakat-announced-this-ramazan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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