Updated: Friday April 25, 2014/AlJumaa
Jamada El Thaniah 25, 1435/Sukravara
Vaisakha 05, 1936, at 09:29:05 AM
The
(Pb Act X of 1974)
C O N T E N T S
Sections
1. Short
title, extent and commencement.
2. Definition.
3. Amendment
of the
4. Amendment
of
5. Amendment
of
6. Repeal
of section 8 of the West Pakistan Finance Ordinance, 1969 (W.P. Ordinance No. VII of 1969).
7. Application
of existing laws.
8. Bar
of suits in civil courts.
(Pb Act X of 1974)
[
An
Act to continue and levy certain taxes and fees in the Province of the
Preamble.— WHEREAS
it is expedient to continue and levy certain taxes and fees in the Province of
the
It is hereby enacted as follows:---
1. Short
title, extent and commencement.— (1) This Act may
be called the Punjab Finance Act, 1974.
(2) It
extends to the whole of the Province of the
(3) It
shall come into force on and from the first day of July, 1974.
2. Definition.— In this Act, unless there is anything repugnant
in the subject or context “Government” means the Government of the
3. Amendment
of the
|
“1. |
(i) Licence for installation of a new cotton
ginning factory. |
Rs.125
per roller or its equivalent subject to a maximum of Rs.5,000. |
|
|
(ii) Licence
for installation of a new cotton pressing factory. |
Rs.5,000
per balling press.” |
4. Amendment
of West Pakistan Urban Immovable Property Tax Act, 1958 (W.P. Act V of 1958).—
In the West Pakistan[2][2]
Urban Immovable Property Tax Act, 1958 (West Pakistan Act V of 1958), in its
application to the Province of the Punjab, in section 3-A, for the word “forty”,
the word “fifty” shall be substituted.
5. Amendment
of
6. Repeal of section 8 of the West Pakistan[5][5] Finance Ordinance, 1969 (W.P. Ordinance
No. VII of 1969).— In the
7. Application
of existing laws.— Where any tax imposed or any
fee levied by this Act is by way of an addition to any tax imposed or fee levied
by or under any enactment and rules in force in the Punjab, the procedure
provided in such enactment and rules for the assessment, collection and
recovery of such tax or fee shall, so far as applicable, apply to the
assessment, collection and recovery of additional tax or fee, as the case may
be.
8. Bar of suits in civil courts.— No suit shall lie in any civil court to set aside or modify any assessment, levy or collection of a tax or fee made under this Act and the rules made thereunder.
[1][1]This Act was passed by the Punjab Assembly on 28th
June, 1974; assented to by the Governor of the Punjab on 28th June, 1974; and,
published in the Punjab Gazette (Extraordinary), dated 28th June, 1974, pages
890-A to 890-C.
[2][2]Now ‘
[3][3]Ibid.
[4][4]Ibid.
[5][5]Now ‘