11-17-2003, 10:04 PM
Hey bowman,
let me correct you, two years back, It was mandatory to deduct the Zakat on Dividends etc. for every one except the Ehle Tashee, but now it is optional, if you belong whatever sect, if u submit a declaration that "Zakat should not be deducted on the my payment" then the payer cannot deduct the zakat, he will just deduct income tax as per rules.
However I agree with you, that Zakat being one of the five pillars of Islam and its payment have been ordered by God Almighty through Quran and it cannot be 'let go' by any consensus of mortals, as such will be against the very basics of Islam.
S M R
Edited by - smraza on Nov 17 2003 50706 PM
let me correct you, two years back, It was mandatory to deduct the Zakat on Dividends etc. for every one except the Ehle Tashee, but now it is optional, if you belong whatever sect, if u submit a declaration that "Zakat should not be deducted on the my payment" then the payer cannot deduct the zakat, he will just deduct income tax as per rules.
However I agree with you, that Zakat being one of the five pillars of Islam and its payment have been ordered by God Almighty through Quran and it cannot be 'let go' by any consensus of mortals, as such will be against the very basics of Islam.
S M R
Edited by - smraza on Nov 17 2003 50706 PM
