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◕ SundialUpdated 20 hours ago
Business

Government Proposes Largest Ever Increase in Diyat Value

The federal government proposes to set Diyat at Rs. 19.3 million for FY2026-27, the largest increase in Pakistan’s history.

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Government Proposes Largest Ever Increase in Diyat Value

Key Takeaways

  • The federal government is set to propose a significant increase in the value of Diyat.
  • Diyat will be fixed at Rs. 19.3 million for FY2026-27, up from Rs. 9,828,670 in FY26.
  • The proposed amount is based on the market price of 30,630 grams of silver.

The federal government is poised to propose a substantial increase in Diyat, the compensation paid for the death of a person, with the value set at Rs. 19.3 million for the fiscal year 2026-27, marking the largest jump in the country’s history.

Sources from the Finance Division have informed ProPakistani that this proposed increase is part of a broader review of Diyat values, which are revised annually based on market silver prices. The new amount is calculated using the value of 30,630 grams of silver, as prescribed under Section 323(2) of the Pakistan Penal Code (PPC).

The State Bank of Pakistan (SBP) has also proposed a higher Diyat amount due to the significant rise in silver prices. Once approved by the federal cabinet, this revised value will be binding on all courts and institutions dealing with Diyat cases during FY2026-27.

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According to sources, the Finance Division plans to issue an official notification after the federal cabinet approves the proposed amount. This move is expected to have a significant impact on legal proceedings involving compensation for victims' families.

The increase in Diyat value reflects the growing economic pressures and changing market dynamics. While the exact implications of this change are yet to be fully understood, it underscores the government’s commitment to aligning compensation with current economic conditions.

Legal experts suggest that this substantial increase could lead to more equitable distribution of compensation among victims' families, though they caution that implementation details will be crucial in ensuring fair outcomes. The proposed amount is based on a precise calculation and aims to provide adequate support to those affected by violent incidents.