| Details: |
THE
KHYBER PAKHTUNKHWA FINANCE ACT, 2017.
(KHYBER
PAKHTUNKHWA ACT NO. XXVI OF 2017)
CONTENTS
PREAMBLE
SECTIONS
1. Short title, extent and commencement.
2. Amendment
of West Pakistan Act No. V of 1958.
3. Amendment of Khyber Pakhtunkhwa Act No.
IV of 1990.
4. Amendment in the Khyber Pakhtunkhwa Act
No. XXI of 2013.
Appendix-I
THE
KHYBER PAKHTUNKHWA FINANCE ACT, 2017.
(KHYBER
PAKHTUNKHWA ACT NO. XXVI OF 2017)
[First published
after having received the assent of the Governor of
the Khyber Pakhtunkhwa in the Gazette of Khyber Pakhtunkhwa
(Extraordinary),dated
the 23rd June, 2017].
AN
ACT
to levy, continue and revise certain
taxes
in the Province of the Khyber
Pakhtunkhwa
Preamble.-WHEREAS it is
expedient to levy, continue and revise certain taxes in the Province of the
Khyber Pakhtunkhwa;
It
is hereby enacted as follows:
1. Short title, extent and commencement.---(1)
This Act may be called the Khyber Pakhtunkhwa Finance Act, 2017.
(2) It shall extend to the whole of the
Province of the Khyber Pakhtunkhwa.
(3) It shall come into force on the first
day of July, 2017.
2. Amendment of West Pakistan Act No. V of
1958.---In the West Pakistan Urban Immoveable Property Tax Act, 1958
(W. P. Act No. V of 1958),-
(i) for
the existing Schedule-I, the Schedule-I specified in Appendix-I to this Act
shall be substituted; and
(ii) in Schedule-II,-
(a) at S.No.7 for the figures “15000” and
“7500”, the figures “22,500” and “11,250” shall respectively be substituted;
and
(b) at S.No.7A, for the figures
"15000", the figures "20,000" shall be substituted.
3. Amendment of Khyber Pakhtunkhwa Act No.
IV of 1990.----
In the Khyber Pakhtunkhwa Finance Act, 1990 (Khyber Pakhtunkhwa Act No. IV of
1990), in section 7, for the existing Table, the “Table” specified in
Appendix-II to this Act shall be substituted.
4. Amendments in the Khyber Pakhtunkhwa Act No.
XXI of 2013.---In the Khyber Pakhtunkhwa Finance Act, 2013
(Khyber Pakhtunkhwa Act No. XXI of 2013), in First Schedule, after existing
entry “9803.3000”,
the following new entry shall be added, namely:
“9803.4000 Ride hailing
services”.
Appendix-I
See section 2
“Schedule-I
(See section 3(2))
Part ‘ A’
S#
|
Category
|
Rate
of tax for areas of Provincial headquarter as notified by the Government (per
annum)
(Rs)
|
Rate of tax at Divisional headquarters (per annum) (Rs)
|
Rate of tax in suburban areas of Divisional Headquarters (per annum) (Rs)
|
Rate of tax at District Headquarters (per annum) (Rs)
|
Rate of tax at District other than District Headquarters (per annum) (Rs)
|
|
A
|
B
|
C
|
Town
ships
|
Other than Town
ships
|
Town
ships
|
Other than Town
ships
|
Town
ships
|
Other than Town
ships
|
Town
ships
|
Other than Town
ships
|
1
|
Up to 5 Marlas (other than self occupied)
|
1500
|
1300
|
1100
|
1300
|
1100
|
800
|
500
|
600
|
500
|
400
|
300
|
2
|
Exceeding 5 Marlas but not exceeding 10
Marlas
|
2500
|
2400
|
2200
|
2400
|
2200
|
1400
|
1100
|
1200
|
1100
|
900
|
700
|
3
|
Exceeding 10 Marlas but not exceeding 15
Marlas
|
3300
|
3100
|
3000
|
3100
|
3000
|
1600
|
1500
|
1600
|
1500
|
900
|
800
|
4
|
Exceeding 15 Marlas but not exceeding 18
Marlas
|
4800
|
4700
|
4500
|
4700
|
4500
|
2500
|
2300
|
2500
|
2300
|
1300
|
1000
|
5
|
Exceeding 18 Marlas but not exceeding 20 Marlas
|
15,000
|
13,500
|
12,000
|
13,500
|
12,000
|
7,500
|
4,500
|
6,000
|
3,000
|
2,250
|
1,500
|
6
|
Exceeding 20 Marlas but not exceeding 30
Marlas
|
22,500
|
21,000
|
18,000
|
21,000
|
15,000
|
12,000
|
9,000
|
7500
|
4500
|
4500
|
3000
|
7
|
Exceeding 30 Marlas but not exceeding 40
Marlas
|
30000
|
27000
|
24000
|
27000
|
24000
|
21000
|
18000
|
15000
|
12000
|
9000
|
6000
|
8
|
Exceeding 40 Marlas
|
45000
|
37500
|
30000
|
37500
|
30000
|
22500
|
18000
|
15000
|
12000
|
9000
|
6000
|
PART
‘B’
Building
acquired for the
use by Government,
Semi-Government, Non Government
Organizations, Development Financial Institutions, private commercial
organizations, guest houses, hostels or by Banks shall be assessed and taxed
twenty percent of the actual annual rent. In case building other than those
exempted under section 4 of the Act, which are owned and occupied by such
Organizations, tax shall be levied on the assessed annual rental value of such
buildings on the rate prescribed hereinbefore.
PART
‘C’
Tax on properties let out on rent, lease or other
arrangement and not in use of their registered owners will be double of the above, except for the category-1 (upto 5
marlas).
Explanation: Categorization of area in
Provincial Headquarter into Category “A”, “B” or “C” shall be by way of
notification by the Local Government
& Rural Development
Department, to be
notified from time
to time. In Divisional and District Headquarters,
Townships are approved Townships and include those areas, which are declared so
by Local Government & Rural Development Department from time to time.”.
Appendix-II
(See section (4))
“TABLE
|
S#
|
Description of Tax payers
|
Proposed rates
(Rs)
|
|
1
|
(i)
All persons
engaged in any profession, trade, calling or employment, other than those
specifically mentioned hereinafter, in the Khyber Pakhtunkhwa Province, whose
monthly income or earning
|
|
(a)
When exceeds Rs.3000 but not exceeds Rs.10000
|
Exempted
|
|
(b)
When exceeds Rs.10000 but not
exceeds Rs.20000
|
330
|
|
(c)
When exceeds Rs.20000 but not exceeds Rs.50000
|
435
|
|
(d)
When exceeds Rs.50000 but not exceeds Rs.100000
|
600
|
|
(e)
When exceeds Rs.100000 but not exceeds Rs.200000
|
800
|
|
(f)
When exceeds Rs.200000 but not exceeds Rs.500000
|
1000
|
|
(ii)
Employees of
Federal and Provincial Government Drawing pay in Basic Scales
|
|
(a)
BS-1
to 4
|
Exempted
|
|
(b)
BS 5
to 12
|
100
|
|
(c)
BS
13-16
|
200
|
|
(d)
BS-17
|
300
|
|
(e)
BS-18
|
500
|
|
(f)
BS-19
|
1,000
|
|
(g)
BS-20
and above
|
2,000
|
|
2
|
All limited companies, Modarbas, Mutual Funds and Any other body corporate with paid up
capital and reserves in the preceding year, whichever is more
|
|
(a)
When
not exceeding Rs.10 million
|
27,000
|
|
(b)
When
exceeding Rs.10 million but not exceeding 25 million
|
36,000
|
|
(c)
When
exceeding Rs.25 million but not exceeding 50 million
|
50,000
|
|
(d)
When
exceeding Rs.50 million but not exceeding 100 million
|
75,000
|
|
(e)
When
exceeding Rs.100 million but not exceeding 200 million
|
95,000
|
|
(f)
When
exceeding Rs.200 million
|
100,000
|
3
|
Persons, other
than companies, owning factories, commercial establishments, private
education institutions and private hospitals, having the following commercial
establishment
|
|
(a)
Any
commercial establishment/factories having 10 or more employees which have not
been otherwise explicitly given in this table.
|
10,000
|
|
(b)
Private
clinics & hospitals having upto 10 employees
|
10,000
|
|
(c)
Private
clinics, hospitals having employees more than 10 but not more than 50
|
50,000
|
|
(d)
Private
clinics & hospitals having more than 50 employees
|
100,000
|
|
(e)
Private
Medical Colleges.
|
100,000
|
|
(f)
Private
Engineering Institutes having degree programs
|
100,000
|
|
(g)
Private
Business Education Institutes:
(i) having upto 100 students
(ii) exceeding 100
students
|
70,000
100,000
|
|
(h)
Private
Law Colleges
|
100,000
|
|
(i)
Private
education institutions including professional and technical institutions
other than specified at e,f, g & h charging monthly fee not exceeding
Rs.1000 per student.
|
5,000
|
|
(j)
Private
education institutions including professional and technical institutions
other than specified at e,f, g & h charging monthly fee exceeding Rs.1000
but not exceeding Rs.2000 per student.
|
7,000
|
|
(k)
Private
education institutions including professional and technical institutions
other than specified at e,f, g & h charging monthly fee exceeding Rs.2000
but not exceeding Rs.5000 per student.
|
20,000
|
|
(l)
Private
education institutions including professional and technical institutions
other than specified at e, f, g & h charging monthly fee exceeding
Rs.5000 per student.
|
100,000
|
|
4
|
Holders of import or export license, assessed to
income tax in the preceding year with annual turnover
|
|
(a)
When
not exceeding Rs.50000
|
4,000
|
|
(b)
When
exceeding Rs.50000
|
5,000
|
|
5
|
Clearing
agents licensed or approved as custom house agents
|
10,000
|
|
6
|
Travel Agents
|
|
(a)
IATA
travel agents approved.
|
15,000
|
|
(b)
Non-IATA
approved.
|
8,000
|
|
(c)
Hajj
and tour operator
|
15,000
|
|
7
|
Restaurants/Guest Houses liable to
sales tax
|
15,000
|
|
8
|
Professional Caterers
|
15,000
|
|
9
|
Wedding
Halls/Lawns (irrespective of their nomenclature)
|
30,000
|
|
10
|
Advertisement
Agencies
|
10,000
|
|
11
|
Doctors
|
|
(a)
Specialists
|
20,000
|
|
(b)
Non
Specialists including Medical Practitioners, Hakeem’s, Homeopaths etc
|
10,000
|
|
(c)
Dentists
|
15,000
|
|
12
|
Diagnostic and Therapeutic Centers” including
pathological and chemical laboratories”
|
|
(a)
Located at
Divisional Head Quarter
|
20,000
|
|
(b)
Located at
other places
|
7,000
|
|
13
|
Contractors,
Suppliers and Consultants who, during preceding financial year supplied to
the Federal or any Provincial Government or any local authority in the
District, Goods, Commodities, or rendered service of the value
|
|
(a)
When
exceeding Rs.10,000 but not exceeds
(b)
Rs.0.5
million
|
4,000
|
|
(c)
When
exceeding Rs.0.5 million but not exceeding
(d)
Rs.1
million
|
5,000
|
|
(e)
When
exceeding Rs.1.50 million but not exceeding Rs.2.500 million
|
7,000
|
|
(f)
When
exceeding Rs.2.500 million but not exceeding Rs.10 million
|
18,000
|
|
(g)
When
exceeding Rs.10 million but not exceeding Rs.25 million
|
25,000
|
|
(h)
When
exceeding Rs.25 million but not exceeding Rs.50 million
|
30,000
|
|
(i)
When
exceeding Rs.50 million
|
100,000
|
|
14
|
Petrol/Diesel/CNG filling stations
|
12,000
|
|
15
|
All establishments, including video shops, real
estate shops/ agencies, card dealers, and net cafes assessed or not assessed
to income tax in the preceding financial year.
|
5,000
|
|
16
|
Chartered Accountants with an independent audit practice and excluding
those who are employed in companies not owned by them.
|
15,000
|
|
17
|
Vehicles Service Stations
|
8,000
|
|
18
|
Transporters/Transport
companies.
|
|
(a)
Within
Provincial Headquarters limits
|
3,000
|
|
(b)
Others
|
2,000
|
|
19
|
Member of Stock Exchange
|
5,000
|
|
20
|
Money Changer
|
|
(i) Within Provincial Headquarters limits
|
10,000
|
|
(ii) Others
|
5,000
|
|
21
|
Health Fitness
Centers/Gymnasium
|
|
(i) Within Provincial Headquarters limits
|
2,000
|
|
(ii) Others
|
1,000
|
|
22
|
Jewelers
|
1,000
|
|
23
|
Departmental
Stores
|
10,000
|
|
24
|
Electronic goods Stores
|
1,000
|
|
25
|
Cable
Operators
|
10,000
|
|
26
|
Printing Presses
|
1,000
|
|
27
|
Pesticides Dealers
|
1,000
|
|
28
|
Tobacco Whole Sellers
|
2,000
|
|
29
|
Whole Sale Dealers/agency holder
|
10,000
|
|
30
|
Chemist/Druggist/Medical Stores
|
10,000
|
|
31
|
Tailor Shops
|
|
|
|
|
(a)
Shalwar
Qameez+wastecoat
|
5,000
|
|
(b)
Shilwar
Qameez+wastecoat+pant shirt
|
10,000.”
|
|
