Finance Act, 2019 - Khalid Zafar & Associates

Khalid Zafar & Associates / Laws Of Pakistan / Finance Act, 2019

This Act shall come into force on the first day of July, 2019. It gives effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2019. This Act contains amended provision of different Acts. It describes stamp-duty on vide range of instruments, token tax on motor cycles and scooters, and other commercial and personal vehicles. Also mentions tax on Traders, numerous Professions, Callings and Employment. And tax rate for Individuals and Association of Persons. All the financial proposals of the Federal Government that are given in the said Act are provided in various schedules, tables and charts given in the same Act.