News & Politics

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Published 1 month ago

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Business

SBP issues notification for Zakat deduction from saving accounts

The minimum amount of Rs1,03,159 had been fixed for Zakat deduction.

Published

9 hours ago

Mar 21, 2023 03:17 PM

Noor Fatima

Karachi: The State Bank of Pakistan (SBP) Tuesday issued a notification for the announcement of deduction of Zakat from the saving bank accounts, GNN reported.

According to Ministry of Poverty Alleviation and Social Safety (PA&SS), the minimum amount of Rs1,03,159 had been fixed for deduction of Zakat.

If the amount in the saving account is less than the fixed curriculum, the zakat will not be deducted from the account.

The Zakat deduction from saving, Profit and Loss Sharing (PLS) and other accounts will be started from 1st Ramadan.

The commencement of Ramadan is expected from March 23 or 24.

Regional

LHC approves Imran’s protective bail in two cases

Imran khan had submitted protective bail in LHC for two terrorism cases in Islamabad.

Published

10 hours ago

Mar 21, 2023 03:04 PM

Noor Fatima

Lahore: Lahore High Court (LHC) Tuesday approved protective bail of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan in two cases till March 27, GNN reported.

According to details, Imran presented before two-member bench under the supervision of Justice Shehbaz Rizvi in various cases.

Imran khan had submitted protective bail in LHC for two terrorism cases in Islamabad.

Court has directed PTI chief to contact the relevant courts for the cases.

Pakistan

Joint session of Parliament to be held on Wednesday

However, the session was scheduled to be held on April 10.

Published

9 hours ago

Mar 21, 2023 03:46 PM

Noor Fatima

Islamabad: The joint session of the Parliament will be held on Wednesday (tomorrow) at 4pm at Parliament House in Islamabad instead of 10th of next month.

The change in the schedule of the joint session of the Parliament has been made by the Speaker National Assembly Raja Pervaiz Ashraf exercising his powers under Joint Sitting Rules 1973.