How is Zakat calculated in Pakistan?

Zakat (also Zakah, Zakahum, Zakatul-Fitr, Zakat-ul-mal, Persian: زكاة‎ ) Tajik: Жаҳон, Chinese: 斋戒) is the name of a religious tax (charitable contribution) that is obligatory for all Muslims with the capability to do so. The word zakat means both purification and growth. Zakat foundation Pakistan Zakat is calculated on every Muslim's declared wealth, excluding any money used for business purposes, after one year of its being saved or received, and paid to eight categories generally recognized as needing support.