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Zakat On Recurring Income & Cash Savings (Tax Already Paid On Bonus)
I got employee bonus in Feb 2024 & income tax was deducted from it as per government policy. I consider income tax as a form of zakat. After deduction of tax, a certain amount is safe as a cash in my account. I pay zakat on 1st ramzan every year. I need to ask that whether zakat would be applicable on this cash saving of bonus even when the income tax has been deducted from it.
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