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What is CZ 50 form?

Under the provision of Sub-Section (1) of Section 3 of Chapter II of Zakat and Ushr Ord. 1980 (XVIII of 1980) and Rule 20 of Chapter III of Zakat Collection Refund Rules 1981, Sworn on oath before.

How to fill Zakat exemption form?

I / We, S/D/W/o aged residing at do hereby declare that I am Non-Muslim ( Religion ) and ing to my faith, I am not obliged to pay zakat.

What is the meaning of Zakat declaration?

In the Islamic faith, Zakat, one of the Five Pillars, is a compulsory act of charity. It is an annual payment calculated based on the value of specific types of wealth owned by a Muslim who meets certain conditions.

What is cz50 form?

DECLARATION. UNDER THE PROVISIONS TO SUB- SECTION (3) OF SECTION 1 OF THE ZAKAT AND USHR ORDINANCE, 1980) AND RULE 20 OF THE ZAKAT (COLLECTION AND REFUND) RULES, 1981 SWORN ON OATH BEFORE (Name designated of the person administering oath)

How to avoid Zakat deduction in Pakistan?

No deduction of Zakat at source shall be made, in case the amount standing to the credit of an account in respect of the assets mentioned in column 2 of Serial No. 1 of the first schedule of Zakat and Ushr Ordinance, 1980, is less than Rs.

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