Saturday, 25 March 2023

Value of Diyat in Pakistan for Financial Year 2021-2022

The federal government declared an amount of Rs. 4.261 million as compensation (diyat) for the current financial year 2021-22.

The declaration is part of “Qisas and Diyat” Ordinance 1990. Diyat in Islamic law is the financial compensation paid to the victim or legal heirs of the victim in the case of murder or bodily harm or property damage. It is an alternative punishment for Qisas (retribution).

The Ministry of Finance has communicated with the State Bank of Pakistan and the Secretary Law and Justice division about the declaration of the diyat amount for the fiscal year 2021-22.

The government has declared Rs. 4.261 million, to be the value of thirty thousand six hundred and thirty (30,630) grams of silver for the financial year 2021-2022 for the purpose of diyat.

The diyat amount is Rs. 1.48 million more than the amount of 2020-21. The government had declared Rs. 2.77 million compensation amount in 2020-21.

Diyat means financial compensation that victim or heirs of a victim receives. The compensation may be paid in the cases of murder, bodily harm, or damage to property.

Top Tax Consultants Tax Return submission Last Date

Diyat | Diyat Amount | Victims | Financial Year 2021-2022 | Diyat In Pakistan | Value of Diyat In Pakistan | Diyat Notification | Diyat In Islam |

Related posts

Dua for First Ashra of Ramadan

Table of Contents Dua for First Ashra of RamadanPehle Ashray ki Dua Dua for First Ashra of…
Read more

When is the 1st Date of Ramadan

Table of Contents When is the 1st Date of RamadanWhen Does Ramadan Start in Pakistan?When Does…
Read more

Minimum Nisab for Zakat Deduction on Saving Bank Account 2023

Table of Contents Minimum Nisab for Zakat Deduction on Saving Bank Account 2023Who is eligible for…
Read more
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.