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Govt Fixes New Value of Diyat

5 min read
Legal Expert
Govt Fixes New Value of Diyat
The federal government has declared an amount of Rs. 4.261 million as compensation (diyat) for the current financial year 2021-22. Documents available with Propakistani stated that that 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. ALSO READ Economic Growth is Likely to Increase: SBP 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. ALSO READ Pakistan And Uzbekistan Pen Transit Trade Agreement And Other MoUs Diyat is financial compensation that is paid to a victim or heirs of a victim. The compensation may be paid in the cases of murder, bodily harm, or damage to property.
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