The Presidents / Chief Executives
All Banks / DFIs / MFBs
Dear Sir / Madam
Deduction of Zakat at Source in Respect of Saving Banks/Profit & Loss Sharing and Similar Bank Accounts (Asset Code No.101) and Deposit Thereof Immediately after Deduction Date
We are enclosing a copy of the Notification No.CE-1001(36)/NISAB/1439-40/2019/226 dated May 3, 2019 issued by the Ministry of Religious Affairs and Interfaith Harmony, on the above subject for immediate necessary action. Accordingly, the Zakat shall be deducted as per instructions contained in the enclosed Notification.
Please acknowledge receipt.
Enclosed:
Yours sincerely,
Syed Imran Ali
Additional Director