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Zakat Nisab fixed at Rs41,872

Source: Geo News | 08-07-2013

KARACHI: State Bank of Pakistan (SBP) has fixed the Nisab for deduction of Zakat on bank accounts at Rs41,872 for the year 1434 A.H, Geo News reported.

The Zakat would be deducted from the accounts having a balance of Rs41,872 or above, on first Ramazan.

As the law of land, 2.5 per cent Zakat would be deducted from the saving accounts, however, current accounts are exempted from this.

Zardari for early convening of Pak-Iran-Afghanistan summit

Source: The Nation | 22-03-2013

President Asif Ali Zardari Thursday called for early convening of the fourth Pakistan-Iran-Afghanistan Trilateral Summit and assured that Pakistan was fully supportive of the reconciliation process in Afghanistan. Talking to Iranian President Mahmoud Ahmadinejad here after participating in the International Nowruz Conference, the president said as neighbo..... Read more

Restlessness over unrest

Source: The Nation | 13-01-2013

Condemning the killing of innocent people in Quetta and Swat, PML-N President Nawaz Sharif on Saturday came down hard on the government for its failure to maintain law and order. Nawaz said the government had let the country slip into the hands of terrorists as no effective strategy was in place to curb the menace. Expressing solidarity with the bereaved ..... Read more

SC to pass punitive order against police officers

Source: The Nation | 12-03-2013

Apparently it was a land grabbing bid instead of any blasphemy instance that led to burning of helpless Christians’ homes, observed the Supreme Court on Monday as it directed the Punjab government to file reply tomorrow so the court could pass punitive orders against the negligent police officers. Heading a three-judge bench hearing suo moto on the ..... Read more

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