+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4)
+--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7)
+--- Thread: Zakat on Provident Fund (/showthread.php?tid=9830)
Zakat on Provident Fund - fusioner - 05-05-2011
Following is and extract from Zakat & Ushr Ordinance 1980
In case of non-refundable
advance, 2.5% of the amount
drawn or, in case of final
settlement, 2.5% of the balance
standing to the credit of the
subscriber as on the Valuation
Date, excluding in both cases the
employerâs contribution and the
return accrued thereon
Is there any new changing in the Ordinance or still this privales.