The Presidents/Chief Executives
All Banks/DFIs/MFBs
Dear Sir / Madam,
DEDUCTION OF ZAKAT AT SOURCE IN RESPECT OF SAVING BANKS/PROFIT AND LOSS SHARING AND SIMILAR BANK ACCOUNTS (ASSET CODE NO. 101) AND DEPOSIT THEREOF IMMEDIATELY AFTER DEDUCTION DATE
We are enclosing herewith a copy of the Notification No. CE3 1001(36)/NISAB/1434-35/2014/3494 dated June 26, 2014 issued by Ministry of Religious Affairs and Inter-Faith Harmony, on the above subject for immediate necessary action. Accordingly the Zakat shall be deducted as per instructions contained in the enclosed Notification.
Enclosed:
Yours sincerely,
Muhammad Arif
Sr. Joint Director