Updated: Monday April 21, 2014/AlEthnien
Jamada El Thaniah 21, 1435/Somavara
Vaisakha 01, 1936, at 04:56:10 PM
The
(Act III of 2009)
C O N T E N T S
Section Heading
1. Short
title, extent and commencement.
2. Amendment in Act II of 1899.
3. Amendment
in Act I of 1993.
[1][1]The
(Act III of 2009)
[29 June 2009]
to levy tax and
alter the rates of tax and duties in the
Preamble.– Whereas it is
expedient to levy tax and alter the rates of tax and duties in the
It is enacted as follows:---
1. Short title, extent and commencement.– (1) This Act may
be cited as the Punjab Finance Act, 2009.
(2) It
shall extend to the whole of the
(3) It
shall come into force on the first day of July 2009.
2. Amendment in Act II of 1899.– In the Stamp Act
1899 (II of 1899), in the Schedule I, in Article 63-A, the explanation shall be
substituted by the following:---
“Explanation.– Transfer
of the right or interest under this Article does not include original allotment
from a development authority, housing authority, statutory body, cooperative
housing society or company; and transfer through inheritance.”
3. Amendment in Act I of 1993.– In
the Punjab Undesirable Cooperative Societies (Dissolution) Act 1993 (I of
1993), in section 7, after clause (ta), the following clause (tb) shall be
inserted:---
“(tb) create a fund for social sector development in the
[1][1]This Act was passed by the Punjab Assembly on
26 June 2009; assented to by the Governor of the
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