Hussain Ahmed Raza Chaudhry, the Deputy Commissioner of Sargodha, has approved Rs60.8 million for a major zakat relief programme on Friday. The step has been taken to support low income families across the district.
Under the scheme, around 515,000 deserving families will receive zakat ration cards. Each family will get Rs12,000 in financial help.
Talking to the APP, the Deputy Commissioner said the programme has been designed like a “Guzara allowance.” This is to provide immediate relief to poor and vulnerable families.
He also said that the main goal of the initiative is to reduce financial problems for underprivileged people. Additionally, to make sure that the zakat funds reach those who truly need help.
Officials have also said that the money will be distributed through selected bank branches after biometric verification. This process will help improve transparency and stop the misuse of welfare funds.
The Deputy Commissioner also directed the concerned departments to closely monitor the distribution process.
He further stressed that every eligible family should receive assistance on time and without any irregularities.
How much monthly profit can you earn on Rs50,000
The National Savings Centre has announced monthly returns on its Regular Income Certificates, reports say on Thursday. According to this, the investors will receive regular income at a fixed rate.
This scheme was launched in February 1992 with the purpose of providing a monthly income to the public through safe investment.
The duration of the scheme is five years. And the profit starts immediately after the investment.
All Pakistani citizens, including overseas Pakistanis, can invest in this scheme. A single person, a minor, or two people through a joint account can open an account.
The minimum investment amount is Rs50,000. There is no maximum investment limit. As of May 2026, the Regular Income Certificates are offering a return rate of 9.60 per cent per year.