07-23-2010, 08:38 PM
<b>THE SIND URBAN IMMOVABLE PROPERTY TAX ACT. 1958</b>
<b>3. Levy of tax - </b> (1) Government may by notification specify urban areas where tax shall be levied under this Act.
Provided that one urban area may be divided into two or more rating areas or several urban areas may be grouped as one rating area.
(2) the tax shall be charged, levied and collected at the rate of twenty percent of the annual value of the lands and buildings.
(3AA) the tax under sub-section (2) shall also be.
Levied and collected on buildings and lands used pertly or exclusively for industrial purposes in the industrial areas of Dhabeji, Gharo and Kotri as are within ant urban area.
(5) The tax shall be by from the owner of buildings and lands.
<b>3A. Share in tax </b> - The tax collected from a rating area shall, after deducting two percent thereof as collection charges, be shared by Government and the Local Council or as the case may by, the Cantonment Board of such rating area in the ration of .
<b>4. Exemptions </b> - The tax shall not be livable in respect of the following properties, namely -
(a) buildings and lands, other than those leased in perpetuity, vesting in the Federal Government.
(c) buildings and lands other than those leased in perpetuity.
(j) vesting in 1[any Provincial Government] and not administered by a local authority;
(ii) Owned or administered buy a local authority when used exclusively for public purposes and not used or intended to be used for purposes of profit;
(c) (i) a building or land the annual value of which does not exceed eight hundred and sixty four rupees;
(ii) Building used for residential purpose built on a plot of not more than one hundred twenty square yards;
(iii) one flat with covered area not exceeding six hundred square feet on ant floor of a building used for residential purpose;
(d) buildings and lands or portions thereof used exclusively for libraries;
(e) Public parks and playgrounds;
(f) building and lands or portions thereof used exclusively for 2[public worship or public charity including mosques, churches, synagogues, temples, gurdarwaras, dharamsalas, drinking water fountains, public burain or burning ground or place earmarked for the disposal of the dead.
Provided that the exemption to a charitable institution shall be allowed in the prescribed manner.
(g) building and lands annual value of which does not exceed twenty four thousand rupees, owned by widows, minor orphans, permanently disable persons and retired employees of the Federal and Provincial Government;
<b>3. Levy of tax - </b> (1) Government may by notification specify urban areas where tax shall be levied under this Act.
Provided that one urban area may be divided into two or more rating areas or several urban areas may be grouped as one rating area.
(2) the tax shall be charged, levied and collected at the rate of twenty percent of the annual value of the lands and buildings.
(3AA) the tax under sub-section (2) shall also be.
Levied and collected on buildings and lands used pertly or exclusively for industrial purposes in the industrial areas of Dhabeji, Gharo and Kotri as are within ant urban area.
(5) The tax shall be by from the owner of buildings and lands.
<b>3A. Share in tax </b> - The tax collected from a rating area shall, after deducting two percent thereof as collection charges, be shared by Government and the Local Council or as the case may by, the Cantonment Board of such rating area in the ration of .
<b>4. Exemptions </b> - The tax shall not be livable in respect of the following properties, namely -
(a) buildings and lands, other than those leased in perpetuity, vesting in the Federal Government.
(c) buildings and lands other than those leased in perpetuity.
(j) vesting in 1[any Provincial Government] and not administered by a local authority;
(ii) Owned or administered buy a local authority when used exclusively for public purposes and not used or intended to be used for purposes of profit;
(c) (i) a building or land the annual value of which does not exceed eight hundred and sixty four rupees;
(ii) Building used for residential purpose built on a plot of not more than one hundred twenty square yards;
(iii) one flat with covered area not exceeding six hundred square feet on ant floor of a building used for residential purpose;
(d) buildings and lands or portions thereof used exclusively for libraries;
(e) Public parks and playgrounds;
(f) building and lands or portions thereof used exclusively for 2[public worship or public charity including mosques, churches, synagogues, temples, gurdarwaras, dharamsalas, drinking water fountains, public burain or burning ground or place earmarked for the disposal of the dead.
Provided that the exemption to a charitable institution shall be allowed in the prescribed manner.
(g) building and lands annual value of which does not exceed twenty four thousand rupees, owned by widows, minor orphans, permanently disable persons and retired employees of the Federal and Provincial Government;
