5
Substitution of Second Schedule to Balochistan Ordinance II of 2000
Act: Balochistan Finance Act 2018
Section Provisions
2003 C L C ACT IV OF 2018 BALOCHISTAN PROHIBITION OF SMOKING IN CINEMA HOUSES, (BALOCHISTAN REPEAL) ACT, 2018 An Act to repeal the Balochistan Prohibition of Smoking in Cinema Houses Ordinance, 1960 (West Pakistan Ordinance No. IV of 1960) [Gazette of Balochistan Extraordinary, 11th May, 2018] No.PAB/Legis;V(19)/2018, dated 11.5.2018.---The Balochistan Prohibition of Smoking in Cinema Houses (Balochistan Repeal) Bill, 2018 (Bill No.19 of 2018), having been passed by the Provincial Assembly of Balochistan on 30th April, 2018 and assented to by the Governor, Balochistan on 10th May, 2018 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---WHEREAS, it is expedient to repeal the Balochistan Prohibition of Smoking in Cinema Houses Ordinance, 1960 (West Pakistan Ordinance No. IV of 1960) in its application to the province of Balochistan. It is hereby enacted as follows:- 5. Substitution of Second Schedule to Balochistan Ordinance II of 2000.---In the Balochistan Tax on Land and Agricultural Income Ordinance, 2000 (Ordinance II of 2000), for the Second Schedule, the following shall be substituted, namely:- "THE SECOND SCHEDULE (See Section 6) RATES OF AGRICUTLURAL INCOME TAX In the case of every owner, the agricultural income tax shall be charged on the agricultural income,-- (a) where the net agricultural income is up to Rs. 400,000/- 0% of the taxable income, and (b) where the net agricultural income exceeds Rs. 400,001/- 5% of the taxable income Provided that,- (a) no agriculture income tax shall be payable by an assessee where net agriculture Total income does not exceed Rs. 400,000/-; and (b) the agriculture income liable to tax would be net of cost as prescribed in rules."