The Punjab Urban Immoveable Property Tax act, 1958.
The Punjab Urban Immoveable Property Tax Act, 1958 regulates the laws relating to the levying of a tax on urban immoveable property in the province of Punjab. It came into force on 10th April, 1958. Under the Act, Urban Area is defined as an area within jurisdiction of Metropolitan Corporation, Municipal Corporation or a Municipal Committee and includes any other area which the Government may, by notification declare to be an Urban Area and “Buildings and Lands” include vacant plots or a parcel or portion thereof having fixed boundaries intended for specific purpose including residential, commercial or industrial use. The Punjab Urban Immoveable Property Tax Act, 1958 repealed The Punjab Urban Immoveable Property Tax Act, 1940, The Sind Immoveable Property Tax Act, 1948 and The North West Frontier Province Urban Immoveable Property Tax Act, 1948.
