A government owned corporation earns a net profit of rupees one billion in a particular year. It will be liable to pay Zakat amounting to :
A government owned corporation earns a net profit of rupees one billion in a particular year. It will be liable to pay Zakat amounting to :
ایک حکومتی ملکیتی کارپوریشن ایک خاص سال میں ایک ارب روپے کا خالص منافع کماتی ہے۔ اس پر کتنی زکوٰۃ کی رقم ادا کرنی ہوگی
Explanation
Zakat is payable at 2.5% of the wealth one possesses above the nisab.
Nisab, which is equal to 85 grams of 24k gold.
The minimum amount of wealth one must have before they are liable to pay zakat.