SECOND SCHEDULE

ORDINANCE II OF 2000 BALOCHISTAN TAX ON LAND AND AGRICULTURE INCOME ORDINANCE, 2000 ORDINANCE II OF 2000 An Ordinance to provide far imposition of tax on Land and Income from Agricultural Land situated in the Province of Balochistan. [Gazette of Balochistan, Ex traordinary,30th June, 2000] No. Legis.I-94/Law/93, dated 30-6-2000.--The following Ordinance made by the Governor of Balochistan on 30th June, 2000, is hereby published for general information---- THE SECOND SCHEDULE (See section 6) RATES OF AGRICULTURAL INCOME-TAX In the case of every owner, the agricultural income-tax shall be charged on the agricultural income. (1) Where the net agricultural income 5 % of the taxable income does not exceed Rs.1,00,000 (2) Where the net agriculture income Rs. 5,000 plus 7-1/2% of exceeds Rs.1,00,000 but does not the amount exceeding exceed Rs.2,00,000 Rs.1,00,000 (3) Where the net agriculture income Rs.7,500 plus 10% of exceeds Rs. 2,00,000 but does the amount exceeding not exceed Rs.3,00,000 Rs.2,00,000 (4) Where the net agriculture income Rs.17,500 plus 15 % of exceeds Rs.3,00,000 the amount exceeding Rs.3,00,000 Provided that;-- (a) No agricultural income-tax shall be payable by an assessee where net Agriculture total income does not exceed Rs.80,000, and (b) the agriculture income liable to tax would be net of costs as prescribed in rules.