PUNJAB BUDGET BRIEFING 2019FILE/EY Ford Rhodes...Punjab Budget Briefing EY Ford Rhodes Table of Contents Section Page THE PUNJAB FINANCE ACT, 1977 1. Tax on persons engaged in professions,

EY Ford Rhodes Chartered Accountants

PUNJAB BUDGETBRIEFING 2019

EY Ford Rhodes

PUNJAB BUDGETBRIEFING 2019

This Memorandum is correct to the best of ourknowledge and belief at the time of publication. It isintended to provide only a general outline of thesubjects covered. It should neither be regarded ascomprehensive nor sufficient for making decisions,nor should it be used in place of professional advice.The Firm and Ernst & Young do not accept anyresponsibility for any loss arising from any actiontaken or not taken by anyone using this publication.

This Memorandum may be accessed on our websitehttp://www.ey.com/pk

Punjab Budget Briefing

EY Ford Rhodes

This Memorandum has been prepared as a generalguide for the benefit of our clients and is available toother interested persons upon request. This should notbe published in any manner without the Firm’s consent.This is not an exhaustive treatise as it sets outinterpretation of only the significant amendmentsproposed by the Punjab Finance Bill, 2019 (the Bill) inthe Stamp Act, 1899, Punjab Finance Act, 1977 and thePunjab Sales Tax on Services Act, 2012, and in aconcise form sufficient enough to amplify the importantaspects of the changes proposed to be made. TheAuthority means the Punjab Revenue Authority and theGovernment means the Government of the Punjab.

Changes of consequential, administrative, procedural oreditorial in nature have either been excluded from thesecomments or dealt with in brevity.

The amendments proposed by the Bill after having beenenacted as the Finance Act, 2019, shall, with or withoutmodification, become effective on and from 01 July2019, unless otherwise indicated.

It is suggested that the text of the Bill and the relevantlaws and notifications, where applicable, be referred toin considering the interpretation of any provision. Sincethese are only general comments, no decision on anyissue should be taken without further consideration andspecific professional advice should be sought before anyaction is taken.

ISLAMABAD: 16 June 2019


EY Ford Rhodes

1

Highlights

THE PUNJAB FINANCE ACT, 1977

· The rates of professional tax are proposed to beenhanced.

THE STAMP ACT, 1899

· Duty on agreements relating to deposit of tile deeds,pawn or pledge and certain mortgage deeds andmortgage with banking companies is proposed to beincreased.

THE PUNJAB SALES TAX ON SERVICES ACT, 2012

· In relation to procedure for sales tax withholding, theBill proposes to insert explanation of the term “taxcharged” to include the services that are liable to salestax for the purpose of sales tax withholding.

· Currently, input tax adjustment is not allowed on (i)goods and services liable to tax at a rate less than 16%;and (ii) goods and services used or consumed in aservice liable to a tax at a rate less than 16%. The Billproposes to reduce this rate of 16% to15%.

· Regime of minimum sales tax liability is proposed to beintroduced.

· Scope of offences and penalties is proposed to beenhanced by amending some existing entries andinserting new offences.

· It is proposed to empower the Authority to implementmandatory electronic invoicing system for issuance oftax invoices.

· It is proposed to empower the Authority to prescribethe jurisdiction and powers of adjudication of officersin certain cases.

· The orders made by the Commissioner and theAuthority are proposed to be made appealable beforethe Appellate Tribunal.

· Time limit for filing of appeal before Appellate Tribunalagainst the Order of Commissioner (Appeals) isproposed to be decreased from 60 days to 30 dayswhereas the time provided in sub-section (2) of Section66 for such appeal is retained as 60 days which is inconflict with the proposed amendment

· It is proposed to empower the Authority to recover thetax arrears with/without attachment of bank accounts.

· Certain new services are proposed to be added in theSecond Schedule.

· Sales tax on property and travel services is proposedto be charged on ad valorem basis.


EY Ford Rhodes

Table of Contents

Section Page


1. Tax on persons engaged in professions, trades, callings oremployments

Section 3 andSecond Schedule 2-3

THE STAMP ACT, 1899

1. Stamp duty on instruments Section 3/ Schedule I 4

THE PUNJAB SALES TAX ON SERVICES ACT, 2012

1. Special procedure and tax withholding provisions 14(2) 5

2. Tax credit not allowed 16B(1) (g), (h) and (n) 5

3. Determination of minimum tax liability 24A 5

4. Offences and Penalties 48 5-6

5. Monitoring or Tracking by Electronic or other means 59B(2A) 6

6. Powers of adjudication 60(1)(d) 6

7. Appeal to the Appellate Tribunal 66(1) 6-7

8. Recovery of arrears of tax 70(1)(c) 7

9. Amendment in Second Schedule 3 7-8

10. Appendix 1 9-10


2


1. Tax on persons engaged in professions, trades,callings or employmentsSection 3 and Second Schedule

Through the Finance Act, 1977 (FA’77) , a tax knownas “professional tax” has been imposed on the personsor classes of persons mentioned in the Schedule of theFA’77 who are engaged in a profession, trade, callingor employment wholly or partly in the Province of thePunjab for each financial year. Certain amendmentshave been made in the rate of the tax and the billproposes to substitute the Second Schedule of theFA’77 as follows.

Sr.No.

Class of persons Existingrates in

PKR (perannum)

Proposedrates in

PKR (perannum)

1. Companies registeredunder the CompaniesOrdinance, 1984,modarbas, mutual fundsor any other bodiescorporate with the paid-up capital or, as thecase may be, thereserves in thepreceding year–

- Up to Rs.5m

- Exceeding Rs. 5m butnot exceeding Rs.50m

- Exceeding Rs. 50 mbut not exceeding Rs.100 m

- Exceeding Rs. 100mbut not exceeding Rs.200m

- Exceeding Rs. 200m

5,000

20,000

50,000

75,000

100,000

10,000

30,000

70,000

100,000

100,0002. Persons other than

companies owningfactories as definedunder the Factories Act,1932 and having-

- Employees notexceeding 10

- Employees exceeding10 but not exceeding25

- Employees exceeding25

1,000

2,000

5,000

1,500

5,000

7,5003. Persons other than

companies owningcommercial

establishments having 10or more employees–

a. Within metropolitanand MunicipalCorporations limits

b. Others

(ii) All other commercialestablishments other thanwholesalers and retailer

3,000

2,000

1,000

6,000

4,000

2,0004. Persons engaged in the

import or export ofgoods who, during thepreceding financialyear, imported orexported goods of thevalue-

- Exceeding Rs.1 lacbut not exceedingRs.1 m

- Exceeding Rs.1 m butnot exceeding Rs.5 m

- Exceeding Rs.5 m

2,000

3,000

5,000

2,000

3,000

5,0005. Contractors, builders

and propertydevelopers, who duringthe preceding financialyear supplied to theFederal or theProvincial Governmentor a company or afactory or a commercialestablishment or anautonomous or a semi-autonomousorganization or anyLocal Authority goods,commodities andservices of the value–

- Not exceeding Rs. 1m

- Exceeding Rs. 1m butnot exceeding Rs.10m

- Exceeding Rs. 10mbut not exceeding Rs.50m

- Exceeding Rs. 50m

500

3,000

5,000

10,000

1,000

6,000

10,000

20,0006. Persons engaged in

various professions andproviding differentservices-

(a) Medical consultantsorspecialists/dentalsurgeons.

(b) Registered medicalpractitioners

1,000

1,000

5,000

4,000


3

(c) Others includingHomeopaths,Hakeems andAyuervedics

- WithinMetropolitan andMunicipalCorporationlimits

- Others

(d) Auditing firms (perprofessionallyqualified persons)-


- Others

(e) Management andTax Consultants,Architects,Engineering,Technical, andScientificConsultants-


- Others

(f) Lawyers

(g) Members of StockExchange

(h) Money Changers


- Others

(i) Motorcycle/Scooterdealer


- Others

1,000

500

3,000

2,000

3,000

2,000

1,000

5,000

3,000

1,000

5,000

3,000

3,000

1,000

6,000

4,000

6,000

4,000

1,000

10,000

6,000

2,000

10,000

6,000

(j) Motor Car Dealersand Real EstateAgents


- Others

(k) Recruiting agents


- Others

(l) Carriage of goodsand passengers broad

- Metropolitan andMunicipalCorporationlimits

- Others

(m) Health Clubs andGymnasiums

- Metropolitan andMunicipalCorporationlimits

- Others

(n) Jewelers,departmentalstores, electronicgoods stores cableoperators, printingpresses andpesticides dealers

(o) Tobacco vendors-Wholesalers

10,000

5,000

10,000

5,000

2,000

1,000

2,000

1,000

1,000

2,000

20,000

10,000

20,000

10,000

4,000

2,000

4,000

2,000

2,000

4,0007. Franchisee, Authorized

dealers/Agents anddistributors

Not taxable 5,000

8. Hotels/hostels (excepthostels owned andoperated by aneducational institutionitself)/GuestHouses/Motels/Resortsproviding lodgingfacilities.

Not taxable 50,000


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THE STAMP ACT, 1899

1. Stamp duty on instrumentsSection 3/Schedule I

The Bill seeks to increase the maximum limit of stamp dutyon agreements relating to deposit of tile deeds, pawn orpledge and certain mortgage deeds from Rs. 100,000 toRs. 500,000.

Following is a brief analysis of changes proposed in maximumlimits on stamp duties

Sr. No. Description ofinstrument

Existingmaximum

limitRs.

Proposedmaximum

limitRs.

6(2)(a)(i)

6(2)(b)(i)

Agreementsrelating to pawnor pledge ofmovable property,where suchdeposit, pawn orpledge has beenmade by way ofsecurity for there-payment ofmoney advancedor to be advancedby way of loan oran existing orfuture debt-

-if such loan ordebt is repayableon demand ormore than threemonths from thedate of theinstrumentevidencing theagreement in caseof the bankingcompanies orother financialinstitutions, whenthe entire financeis not based oninterest

-If such loan ordebt is repayablenot more thanthree monthsfrom the date ofsuch instrumentin case of thebankingcompanies orother financialinstitutions, whenthe entire financeis not based oninterest

100,000

50,000

500,000

500,00040(d)(i) Mortgage with

bankingcompanies, that isto say, simple or

legal mortgagefor bankingcompanies orother financialinstitutions, whenthe entire financeis not based oninterest 100,000 500,000


5

THE PUNJAB SALES TAXON SERVICES ACT, 2012

1. Special procedure and tax withholding provisionsSection 14(2)

Section 14(2) of the Punjab Sales Tax on Services Act,2012 (PSTSA’2012) empowers the Authority to issuea notification to declare any person or class of personsa withholding agent.

The existing Section 14(2) provides application of thissection only to the extent of “tax charged” whichwould only be applicable in the cases where theservices are rendered by the registered person of theAuthority which seems to be contrary to Rule 6 of thePunjab Sales Tax on Services (Withholding) Rules,2015 (PSTSWR’15) which deals with the receipt oftaxable services from un-registered persons who is notauthorized to charge sales tax.

The Bill seeks to include explanations at the end of theSection wherein the term ‘charged’ is defined as“means and includes the tax liable to be charged underAct or the rules made thereunder”.

The objective of the above explanations could be dual;(a) capture the application of PSTSWR’15 on thepurchases made from “un-registered persons”, and/or(b) to extend the ambit of PSTSWR’15 to the taxableservices which are rendered by “registered persons”who have not charged sales tax thereon, which iscurrently out of the ambit of PSTSWR’15.

In case the Authority intends to achieve objective (b)above, certain amendments should also be required inthe PSTSWR’15, with reference to the rate of sales taxwithholding etc. in the cases where the services arerendered by non-corporate or non-active registeredperson but no sales tax is charged on the invoice.

2. Tax credit not allowedSection 16(B)(1)(g), (h) and (n)

Clause (g) of Section 16B(1) of the PSTSA’2012restricts the adjustment of input tax paid on thegoods and services which are liable to tax at the ratelesser than 16% used or consumed in a servicesubject to sales tax under the PSTSA’2012. Furtherclause (g) of Section 16B(1) of the PSTSA’2012 alsoimposes restriction on the input tax paid on thegoods and services used or consumed in a serviceliable to sales tax at a rate lesser than 16%.

The Bill seeks to amend the rate of 16% to 15%which, subject to other conditions and limitations,would enable the service providers whose servicesare subject to sales tax at the rate of 15% to claimtheir whole amount of input tax . This amendment

shall also enable the buyers of the services of 15% toclaim input tax paid on such services.

The Second Schedule of the PSTSA’2012 providesfour types of rate of sales tax i.e. (a) 16%, (b) above16%, (c) not based on value/fixed tax, and (d) ratelesser than 16%. The type (d) is currently applicableonly on to the persons who are engaged in theservices of “inter-city carriage of goods by rail orroad”. The rate of the said services was amendedthrough the Finance Act, 2018, resultantly, thewhole input tax of the service providers becameinadmissible.

In order to remove the hardship for the serviceproviders whose services are subject to sales tax atthe general rate of sales tax based on value ismentioned in the Second Schedule of PSTSA’2012,an amendment is proposed to push down thisrestriction from 16% to 15%.

Currently, Section 16B(1)(n) of the PSTSA’2012provides that no input tax adjustment shall beallowed in respect of goods and services not relatedto the “taxable supplies” made by the registeredperson. The Bill seeks to substitute the clause toinsert the term “taxable services” in addition to the“taxable supplies”.

3. Determination of minimum tax liabilitySection 24A

The Bill seeks to insert new section 24A in thePSTSA’2012 whereby a registered person who failsto file a return, the Authority, subject to suchconditions, may determine the minimum tax liabilityof such registered person. The basis or proceduresfor determination of minimum tax liability areexpected to be provided through an amendment inthe Punjab Sales Tax on Services Rules, 2012.

4. Offences and PenaltiesSection 48

The Table of Section 48 to the PSTSA’2012provides general and specific penalties under thespecified circumstances.

The Bill seeks to amend Entry No. 2 of the Table toadd the word “further” after the word “provided”.By plain reading of the existing Entry No. 2, it maybe interpreted that the penalty for failure to furnisha return within due date is either Rs. 10,000 or Rs.200/day for each day of default or both. The Billseeks to rectify this anomaly by proposing theaforementioned amendment, whereby bothpenalties shall be simultaneously applicable on thisoffence in the cases where the return is filed afterfifteen days.


6

The Bill further seeks to amend Entry No. 9 of theTable related to violation of embargo placed onproviding of service by proposing to includetempering of a seal placed by an officer of theAuthority as an offence. However, the amount ofpenalty shall remain the same as provided in EntryNo. 9.

The bills also seeks to add the following new Entriesin the Table of Section 48 to the PSTSA’2012:

EntryNo.

Offences Penalties Section

17 Where anyperson fails orrefuses to issuea tax invoice.

Such personshall be liableto pay a penaltyof twentythousandrupees on firstdefault and fiftythousandrupees for eachsubsequentdefault.

In case of threeacts of suchdefault, thebusinesspremises shallbe liable to besealed for aperiod whichmay extend toone month.

30

18 Where anyperson fails tointimate anychange inparticulars ofregistrationincluding theparticularsrelating tobusinessaddress,branches etc.within fourteendays.

Such personshall be liableto pay aminimumpenalty of fiftythousandrupees.

25

19 Where anyperson fails todeclare,conceals any ofbusiness bankaccounts orgivesmisleadingdeclaration orfails to intimateany change inbusiness bankaccount withinfourteen daysof such change.

Such personshall be liableto pay a penaltywhich mayrange from onehundredthousandrupees to fivehundredthousandrupees.

25

20 Where anyperson eitheravoids, defies,

Such personshall be liableto pay a penalty

59A

fails to complywith electronicinvoicingsystem orissues invoicesbypassing theelectronicinvoicingsystem.

of up to onehundredthousandrupees, but notless thantwenty fivethousandrupees.

In case of threeconsecutivedefaults, thebusinesspremises ofsuch personmay further beliable to sealingfor a periodwhich mayextend to onemonth.

5. Monitoring or Tracking by Electronic or othermeans.Section 59B(2A)

The Bill seeks to inset sub-section (2A) of section59B whereby the Authority may devise, implementand declare mandatory an electronic invoicingsystem for issuance of tax invoices by the registeredperson.

6. Powers of adjudicationSection 60(1)(d)

Existing clause (d) of Section 60(1), provides thatthe “other officers” may not exercise the jurisdictionto the cases which fall under the jurisdiction ofAdditional Commissioner, Deputy Commissioner andAssistant Commissioner. The bill seeks to removethis limitation by substituting clause (d) whereby theother officers may be empowered to exercise thejurisdiction to the cases or class of cases as may beprescribed by the Authority.

7. Appeal to the Appellate TribunalSection 66(1)

Currently, the PSTSA’2012 allows a taxpayer or anofficer of the Authority not below the rank ofAdditional Commissioner aggrieved by an order ofthe Commissioner (Appeals), to file an appeal beforethe Appellate Tribunal in the prescribed manner andtime.

The Bill seeks to substitute sub section (1) ofSection 66 of the PSTSA’2012 to enlarge the scopeof filing of appeal against the following orders.

i. Stay and final order of the Commissioner(Appeals).

ii. Adjudication and revision Orders of theCommissioner.


7

iii. Revision orders passed by the Authority.

Sub-section (2) of Section 60 empowered theCommissioner to adjudicate the cases falling in hisjurisdiction and power of any officers subordinate tohim. This sub-section also provides that the Orderpassed by the Commissioner shall be appealablebefore the Appellate Tribunal. However, existingSection 66, which defines the orders which areappealable before the Appellate Tribunal, does notprovide the reference of the Order passed by theCommissioner under Section 60(2).

The Bill seeks to remove this anomaly by clearlyincorporating the order made by Commissionerunder Section 60 within the ambit of appealableorders under section 66.

Furthermore, currently there is no option for thetaxpayer to file an appeal against a revision orderpassed by the Commissioner under Section 61 andby the Authority under Section 62. The Bill alsoseeks to include the order of revision made by theCommissioner and the Authority within the ambit oforders against which appeal may be filed before theAppellate Tribunal under Section 66. With thisamendment, the Authority intends to protect theinterest of the taxpayers who opted to refer theircase to the Commissioner instead of Commissioner(Appeals) but in case of any adverse order passed bythe Commissioner, they have no option to file appealbefore any forum.

However, the above proposed amendments appearto create certain anomalies, which are as follows:

a. Under Section 61, the Commissioner may revisean Order subject to certain conditions, whichinclude, inter alia, the condition that thetaxpayer should not file an appeal against thesaid order before the Commissioner Appeals, orthat he should waive of his right of appeal inwriting. In this scenario, a taxpayer could face asituation whereby he would be left without anylegal recourse in cases where the Commissionerfails to issue an order of revision, since thetaxpayer may only file an appeal before theAppellate Tribunal against the order of theCommissioner (Appeals). However, in theabsence of such order, the taxpayer would faceundue hardship whereby he would be left withno option but to pursue the Commissioner forpassing of an order under Section 61. It isnoteworthy that currently Section 61 does notprescribe any time limit for passing of an orderof revision by the Commissioner in the caseswhere the application is made by the taxpayer.

b. The Bill seeks to propose a limit of 30 dayswithin the date of receipt of the above referredorders for filing of appeal before the Appellate

Tribunal. However, currently Section 66(2)(d)provides a time limit of 60 days for filing ofappeal against order of the Commissioner(Appeals). As such, the Bill seeks to introduce aconflicting provision, whereby Section 66(1)would propose a limit of 30 days for filing ofappeal against order of Commissioner(Appeals), and Section 66(2)(d) currentlyproposes a limit of 60 days for the samescenario, thereby creating confusion.

We hope that the above anomalies will be consideredby the Government for removal at the time ofpassing of the Finance Bill by the Parliament.

8. Recovery of arears of TaxSections 70(1)(c)

The Bill seeks to empower the officers of theAuthority to recover the tax arrears with or withoutattachment of bank accounts.

Currently, an officer of Authority is empowered toattach the bank accounts of a person from whom taxis due. However, the PSTSA’2012 does notempower the officer to recover the amount of taxafter such attachment. The Bill seeks to remove thisanomaly by empowering the officer to recover theamount of tax due from the taxpayer afterattachment of his bank accounts. Further, the Billseeks to grant power to the officer to seek recoveryof such amount by a notice in writing to the bankwithout attachment of bank accounts.

9. Amendment in Second ScheduleSection 3

The Bill proposes to make the following changes inthe Second Schedule-

Ø Services provided by Property Developers-Serial No. 15

The existing method of charging of sales tax onproperty developer services has been proposedto replace on the value of such services whichare currently chargeable to tax based on thebasis of square yards/fts.

The scope of services is proposed to be widenedby including the services of affordable housingservices provided under the Governmentsponsored housing programs.

Currently, land development services are subjectto sales tax @ Rs. 100 per Square yard andconstruction of Building @ Rs. 50 Per SquareFeet. The new proposed rate of landdevelopment is 8% without input tax adjustmentor 16% with the input tax adjustment and 5% onthe housing program without input tax


8

adjustment and 16% with the input taxadjustment.

Ø Services provided by architects, town planners,landscapers, landscape designers and InteriorDecorator - Serial No. 34

It is proposed to add the services of interiordesigners with the interior decorators.

Ø Services Provided in specified fields such ashealth care, gyms, physical fitness, indoorsports, games and body or sauna massage -Serial No. 43

The Bill proposes to add amusement parks,arcades and other recreation facilities with thegames in the aforesaid service category.

Ø Facilities for Travel - Serial No. 54

The scope of this entry is proposed to widen byadding travel through Road in this list.

Further it is also proposed to tax the service onad valorem basis instead of fixed tax. The rate oftax is proposed to be 5% without adjustment ofinput tax.

Detailed amendments proposed in the abovereferred entries may be viewed in Appendix-1.

Ø The Bill also proposes to include following newservices in the Second Schedule to thePSTSA’2012.

EntryNo.

Description Rate oftax

64 Dress designing andstitching services

16%

65 Rental of bulldozers,excavators, cranes,construction

16%

equipment,Scaffolding,framework andshuttering,generators, storagecontainers,Refrigerator, shelf orrack renting, etc.

66 Services in respect oftreatment of textile,leather but not limitedto Dyeing services,Edging and cutting,cloth treating, waterproofing, Embroidery,Engraving, Fabricbleaching, Knitting,Leather staining,Leather working, Pre-shrinking, Colorseparation services,pattern printing andshoe making services

16%

67 Apartment housemanagement, realestate managementand services of rentcollection

16%

68 (i) Medicalconsultation /visitfee exceeding Rs.1,500 perconsultation/ visitof doctors, medicalpractitioners andmedical specialists

(ii) Bed/room chargesof hospitalsexceeding Rs.6,000 per day perbed/room

5% withoutinput taxadjustment


9

Appendix 1

S.No.

Existing ProposedDescription Classification

if applicableRate Description Classification

if applicableRate

15 Servicesprovided bypropertydevelopers,builders andpromotors(including theirallied services)

9807.0000andrespectivesub-headingsof heading98.14

(i) @ Rs. 100per squareyard for landdevelopmentand(ii) @ Rs. 50per square feetfor buildingconstruction.

(I) Servicesprovided bypropertydevelopers,builders andpromotors(including theirallied services)

Excluding:Actualpurchase valueor documentedcost of land.

(ii)Affordablehousingservicesprovided underGovernmenthousingprograms.

No Change (i) Eight percentwithout input taxadjustment or sixteenpercent with inputtax adjustment; and

(ii) Five percentwithout input taxadjustment or sixteenpercent with inputtax adjustment;

34 Servicesprovided byarchitects, townplannerslandscapers,landscapedesigners andinteriordecorators

9814.10009814.90009814.4000andrespectiveheadings

SixteenPercent

Servicesprovided byarchitects,town plannerslandscapers,landscapedesigners andinteriordecorators andinteriordesigners

No change No change

43 Servicesprovided inspecified fieldssuch as healthcare, gym,physical fitness,indoor sports,games and bodyor saunamassage etc.

9821.1000and9821.20009821.4000

SixteenPercent

Servicesprovided inspecified Fieldssuch as healthcare, gym,physicalfitness, indoorsports, games,amusementparks, arcadesand otherrecreationalfacilities; andbody or saunamassage etc.

54 Facilities fortravel (by air):(a) servicesprovided orrendered inrespect of travelby air ofpassengers

9803.10009803.1100

Facilities fortraveloriginatingfrom Punjab:

(i) By Air fordomestic and

No change Five percent withoutinput tax adjustment


10

embarking fromthe Punjab forair travel orjourney withinthe territorialjurisdiction ofPakistan:

(i) long routes

(ii) short routes

Explanation.- forthe purpose ofthis entry, “ longroutes” meansjourneysexceeding 500Kilometeres,and “shortroutes” meansthe remainingjourneys

(b) servicesprovided orrendered inrespect of travelby air ofpassengersembarking fromthe Punjab forinternational airtravel orjourney:

(i) economyandeconomyplus

(ii) club,businessand firstclass

Excluding:

Air travelservicesprovided to Hajjor UmrahPassengers,diplomats andsupernumerarycrew.

Rs. 2500 perticket

Rs. 1500 perticket

Rs. 5000 perticket

Rs. 10,000 perticket

internationaltravel.

(ii) By roadexceptservicesprovidedthrough nonair-conditionedcoaches andvehicles.

Excluding:

Air travelservicesprovided toHajj or UmrahPassengers,diplomats andsupernumerarycrew.

Documents

PUNJAB BUDGET BRIEFING 2019FILE/EY Ford Rhodes...Punjab Budget Briefing EY Ford Rhodes Table of Contents Section Page THE PUNJAB FINANCE ACT, 1977 1. Tax on persons engaged in professions,