Govt Announces Nisab of Zakat for 2025

government has fixed Nisab for Zakat

The government has fixed Nisab for Zakat for the year 1445-46 A.H at s179,689 for deduction from savings bank accounts, profit and loss sharing accounts and other similar accounts.

According to the notification, the Administrator General Zakat has notified the “Nisab of Zakat” for the Zakat year 1445-46 A.H at Rs179,689.

“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 Rs179,689 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 deduction of Zakat from saving bank accounts, profit and loss sharing accounts and other similar accounts having credit balance of Rs179,689.”

deduction date

Govt Announces Nisab of Zakat The “deduction date” is likely to fall on March 1 or 2 (subject to the appearance of the moon) for deduction of Zakat.In this regard, the Ministry of Poverty Alleviation and Social Security has issued a notification dated February 26, 2025 to the State Bank of Pakistan (SBP) and Zakat Collection Controlling Agencies. According to a notification issued by the Ministry of Poverty Alleviation & Social Safety,

Administrator General Zakat has set the Nisab of Zakat

 the Administrator General Zakat has set the Nisab of Zakat in Pakistan at Rs. 179,689 for the Zakat year 1445–46 A.H. No Zakat shall be deducted at source if 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 the Zakat and Ushr Ordinance, 1980, is less than 179,689. It is requested that all Zakat Collection & Controlling Agencies (ZCCAs) deduct the appropriate amount. 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.