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ACT V OF 2019 ACT V OF 2019 BALOCHISTAN FINANCE ACT, 2019 An Act to continue and revise certain taxes and fees in the Province of Balochistan [Gazette of Balochistan Extraordinary, 25th July, 2019] No. PAB/Legis; V (11)/2019/6035, dated 25.7.2019.---The Balochistan Finance Bill No. 11 of 2019 having been passed by the Provincial Assembly of Balochistan on 27th June ,2019 and assented to by the Governor Balochistan, on 23rd July, 2019 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---Whereas it is expedient to continue and revise certain taxes and fees in the Province of Balochistan and for the matters connected therewith or ancillary thereto; It is hereby enacted as follows: - 7. Amendment in Balochistan Act No. I of 2013.---(1) In the Balochistan Finance Act, 2013 (Act No. I of 2013), in section 4, in clauses (a), and (b) of subsection (4), in the tables against serial number (i) for the existing entries in the column of 'Description of immovable property' and in column of 'rate of tax', the following shall be substituted, namely: - Description Rate of Tax (i) Where the value of immoveable property is recorded. 2% of the recorded value of landed area or value specified in valuation table. (2) In the Balochistan Finance Act, 2013 (Act No. I of 2013), in section 4, in clause (c) of subsection (4), in the table against serial number (i) for the existing entries in the column of 'Description of immovable property'; and in column of 'rate of tax', the following shall be substituted, namely: - Description Rate of Tax (i) Where the value of Immoveable property is recorded. 2% of the recorded value.".