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    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

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Ramazan 2026: Government sets minimum Nisab at Rs503,529 for Zakat deduction

News Desk by News Desk
February 17, 2026
in Latest, Pakistan
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Ramazan 2026: Government sets minimum Nisab at Rs503,529 for Zakat deduction
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The government has set the Nisab for Zakat for the year 1446-47 A.H. at Rs503,529 for deductions from savings bank accounts, profit and loss sharing accounts, and other similar accounts.

The “deduction date” is expected to be on February 19 or 20, 2026, depending on the sighting of the moon, for the deduction of Zakat.

In this connection, the Ministry of Poverty Alleviation and Social Security issued a notification on February 16, 2026, to the State Bank of Pakistan (SBP) and Zakat Collection Controlling Agencies.

According to the notification, the Administrator General Zakat has announced the “Nisab of Zakat” for the year 1446-1447 A.H. at Rs503,529.

“In terms of the provisions of the Zakat and Ushr Ordinance, 1980, no deduction of Zakat at source shall be effected where 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 said Ordinance is less than Rs503,529 as on the first day of Ramazan-ul-Mubarak, 1447 A.H.

“The first day of Ramazan-u1-Mubarak, 1,447 A.H. has been notified as the ‘deduction date’ which is likely to fall on 19th or 20th February, 2026, subject to appearance of the moon, for deduction of Zakat from saving bank accounts, profit and loss sharing accounts and other similar accounts having a credit balance of Rs503,529/- or above.”

The notification further stated that all Zakat Collection & Controlling Agencies (ZCCAs) must deduct Zakat accordingly.

“The deducted amount shall be deposited immediately in the Central Zakat Account No. CZ-08 is maintained with the State Bank of Pakistan.

“A copy of the return in Form CZ-08 (A & B) may kindly be furnished to this ministry immediately after deposit of the Zakat amount,” read the notification.

Last year, in 2025, the government had fixed the “Nisab of Zakat” for the Zakat year 1445-46 A.H. at Rs179,689. A year earlier, the Poverty Alleviation and Social Safety Division had set the ‘Nisab for Zakat’ at Rs135,179.

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