PUNJAB FINANCE ORDINANCE, 1969

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THE PUNJAB FINANCE ORDINANCE, 1969 
(VII of 1969) 
CONTENTS 
1. Short title, commencement and extent 
2. Surcharge on Agricultural Income, Tax in certain Districts 
3. Cinema Tax 
4. Surcharge on Motor Vehicle Tax 
5. Tax on railway fares and freights 
6. Repealed 
7. Amendment of Stamp Act, 1899 
8. Repealed 
9. Amendment of W.P. Act XXIX of 1964 
10. Amendment of section 5 of W.P. Act X of 1958 
11. Application of existing laws 
12. Bar of suits in Civil Courts 
13. Power to make rules 
SCHEDULES 
1. FIRST SCHEDULE 
2. SECOND SCHEDULE 
3. THIRD SCHEDULE 
4. FOURTH SCHEDULE 
5. FIFTH SCHEDULE 
 
TEXT 
1
THE 
2
[PUNJAB] FINANCE ORDINANCE, 1969 
(VII of 1969) 
[30th June, 1969] 
An 
Ordinance 
to continue and levy certain taxes, cesses and surcharges in the Province of 
3
[the 
Punjab]. 
Preamble.– WHEREAS it is expedient to continue and levy certain taxes, cesses 
and surcharges in the Province of 
4
[the Punjab]; 
 NOW, THEREFORE,  in pursuance of the Martial Law Proclamation of 25th 
March, 1969, read with the Provisional Constitution Order, the Administrator of 
Martial Law , Zone A, in exercise of the powers of the Governor of West Pakistan 
conferred on him by the Chief Martial Law Administrator, is pleased to make and 
promulgate the following Ordinance:– 
1. Short title, commencement and extent. – (1) This Ordinance may be called 
the 
5
[Punjab] Finance Ordinance, 1969. 
 (2) It shall, except as provided hereinafter, come into force on and from the 
first day of July, 1969. 
 (3) It shall extend, except as otherwise specified hereinafter, to the whole 
of the Province of 
6
[the Punjab], excluding the Tribal Areas. 
2. Surcharge on Agricultural Income Tax in certain Districts. – (1) There 
shall be levied and collected from every owner of land which is assessed to 
agricultural income -tax in the Districts of 
7
[* * *], Campbellpur
8
, Dera Ghazi Khan, 
Gujranwala, Gujrat, Jhelum, Jhang, Lahore
9
, Lyallpur
10
, Mianwali, Multan
11
, 
                                                           
1This Ordinance was promulgated by the Administrator Martial Law, Zone „A‟ on 28th June, 1969; published in the West 
Pakistan Gazette (Extraordinary), dated 30th June, 1969, pages 1007 -1050; saved by Article 281 of the Interim Constitution of 
the Islamic Republic of Pakistan (1972), and validated by the Validation of Laws Act, 1975 (LXIII of 1975). 
2Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, 
Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
3Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, 
Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
4Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, 
Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
5Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, 
Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
6Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, 
Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
7Omitted t he words  and commas  “Bannu, Dera Ismail Khan, Hazara, Mardan, Kohat, Peshawar” by the Punjab Laws 
(Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, Article 2 and the Schedule; and published in the Punjab 
Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
8Now “Attock”. 
9Now bifurcated into “Lahore and Kasur” Districts. 
Muzaffargarh, Rawalpindi, Sahiwal, Sargodha, Sheikhupura and Sialkot, on the land 
revenue payable in the agricultural year 1968 -69, an additiona l amount of 
agricultural income -tax by way of surcharge at the rate specified in the First 
Schedule. 
Explanation.– For purposes of this section, “agricultural year” means the agricultural 
year as defined in the 
12
[Punjab] Land Revenue Act, 1967
13
. 
 (2) The p rovisions of 
14
[* * *] the Punjab Agricultural Income -Tax Act, 
1951
15
, shall, so far as may be, apply to the assessment, collection and recovery of 
the surcharge imposed under this section. 
3. Cinema Tax. – (1) There shall be levied and collected a tax on cin emas 
payable by the owner or management thereof at the following rates for the financial 
year 1969-70:– 
(i) In the case of a cinema classed One thousand Rupees. 
as a first class cinema: 
(ii) In the case of a cinema classed Five hundred Rupees. 
as a second class cinema: 
(iii) In the case of a cinema classed One hundred Rupees. 
as a third class cinema 
 (2) If the person responsible for the payment of the tax under sub -section 
(1) fails to pay the tax within the period prescribed under the rules for its payment, he 
shall be liable to pay, in addition to the amount of such tax, a penalty not exceeding 
the amount of the tax payable. 
4. Surcharge on Motor Vehicle Tax. – There shall be levied and collected in 
any area in which a tax is imposed on motor vehicles by o r under any enactment in 
force in 
16
[the Punjab], a surcharge on such tax, payable by the person by whom the 
tax is payable at the following rates for the financial year 1969-70:– 
(i) Motor vehicles used for the transport or Twenty-five Rupees 
carriage of goods and materials 
(ii) Motor vehicles plying for hire and licensed Fifty Rupees 
to carry more than eight persons 
                                                                                                                                                                                     
10Now “Faisalabad”. 
11Now bifurcated into “Multan and Vehari” Districts. 
12Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Sched ule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
13W.P.Act XVII of 1967. 
14Omitted t he words  and comma  “the North -West Frontier Ag ricultural Income -Tax Act, 1948  and”  by the Punjab Laws 
(Adaptation) Order,  1974 (P.O. No. 1 of 1974), w.e.f. 14.8.1973, Article 2 and the Schedule; and published in the Punjab 
Gazette (Extraordinary), dated 20.11.1974, pages 1425-A to 1425-PP. 
15Punjab Act XVI of 1951. 
16Substituted for the words “West Pakistan” by the Punjab Laws  (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
5. Tax on railway fares and freights. – Until the 30th day of June, 1970, there 
shall be levied and paid on railway fares and freights a tax ac cording to the scale set 
out in the Second Schedule. 
17
[6. Enhanced Electricity Duty.– * * * * * * * *   ] 
7. Amendment of Stamp Act, 1899. – With effect from 1st July, 1969, for the 
existing Schedule I to the Stamp Act, 1899 (Act II of 1899), the Schedule c ontained 
in the Fifth Schedule to this Ordinance shall be substituted. 
18
[8. Welfare Cess.– * * * * * * * * * *   ] 
9. Amendment of W.P. Act XXIX of 1964. – (1) In the Pakistan Day Memorial 
Cess 
19
[Punjab] Act, 1964, for section 4, the following section shall be substituted and 
shall be deemed to have been so substituted with effect from 30th June, 1968:–   
 “4. The cess shall be levied upto the thirtieth day of June, 1969.”. 
 (2) Notwithstanding anything contained in sub -section (2) of section 4 -B of 
the Paki stan Day Memorial Cess 
20
[Punjab] Act, 1964, the proceeds of the cess 
imposed under the said Act, as modified by this Ordinance, payable on or after the 
1st day of July, 1968, shall be credited into the Provincial Consolidated Fund of 
21
[Punjab]. 
10. Amendment of section 5 of W.P. Act X of 1958. – In the 
22
[Punjab] 
Entertainments Duty Act, 1958, for sub -section (2) of section 5, the following sub -
section shall be substituted, namely:– 
“(2) The Government may, by an order in writing , require the 
proprietor of any entertainment in respect of which the entertainments duty is 
payable under section 3, or on the application of any such proprietor permit 
him, on such conditions as the Government may prescribe, to pay the amount 
of the duty due:– 
(a) by a consolidated payment; or 
(b) in accordance with returns of the payments for admission to the 
entertainment and on account of the duty; or 
                                                           
17 Repealed by the Punjab Finance Ordinance, 1971 (XI of 1971), w.e .f.1.7.1971, s.10; and published in the Punjab Gazette 
(Extraordinary), dated 30.6.1971.  
18Repealed by the Punjab Finance Act, 1974 (X of 1971), w.e.f.1.7.1974, s.6; and published in the Punjab Gazette 
(Extraordinary), dated 28.6.1974. 
19Substituted for the  words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
20Substituted for the word s “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
21Substituted for the words “We st Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
22Substituted for the words “West Pa kistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
(c) in accordance with the results recorded by any mechanical 
contrivance that automatically registers the number of persons 
admitted.”. 
11. Application of existing laws. – Where any tax, cess or surcharge imposed 
by this Ordinance, is by way of an addition to, or a surcharge on, any existing tax 
imposed by or under an enactment in force in 
23
[the Punjab], the procedure provided 
in such enactment and the rules framed thereunder for the assessment, collection 
and recovery of such tax, shall , so far as applicable, apply to the assessment, 
collection and recovery of the additional tax, cess or surcharge. 
12. Bar of suits in Civil Courts. – No suit shall lie in any Civil Court to set aside 
or modify any assessment, levy or collection of a tax, duty, cess or surcharge made 
under this Ordinance and the rules thereunder or any penalty imposed under sub -
section (2) of section 3. 
13. Power to make r ules.–(1) The Provincial Government may make rules for 
carrying into effect the purposes of this Ordinance, and such rules may, among other 
matters, prescribe the procedure for the assessment, collection and payment of any 
tax or cess levied or the imposit ion of any penalty under this Ordinance, in so far as 
such procedure is not provided in this Ordinance. 
(2) Any rules made or deemed to have been made under the 
corresponding provisions of the 
24
[Punjab Finance Act ], 1968 (W.P. Act III of 1968), 
shall, so far as may be, be continued and be deemed to have been made under this 
Ordinance. 
                                                           
23Substituted for the words “West Pakista n” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
24Substituted for the words “West Pakistan  Finance Act” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), 
w.e.f. 14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 
1425-A to 1425-PP. 
FIRST SCHEDULE 
(See SECTION 2) 
 Surcharge 
Where the total land-revenue payable does not exceed Rs. 349. Nil. 
Where the total land-revenue payable exceeds Rs.349 but does no t 
exceed Rs. 499. 
Rupees twelve. 
Where the total land-revenue payable exceeds Rs.499 but does not 
exceed Rs. 749. 
Rupees twenty-four. 
Where the total land-revenue payable exceeds Rs.749 but does not 
exceed Rs. 999. 
Rupees fifty. 
Where the total land-revenue payable exceeds Rs.999 but does not 
exceed Rs. 1,999. 
Rupees one hundred. 
Where the total land -revenue payable exceeds Rs.1,999 but does 
not exceed Rs. 4,999. 
Rupees two hundred and 
fifty. 
Where the total land -revenue payable exceeds Rs.4,999 but do es 
not exceed Rs. 9,999. 
Rupees five hundred. 
Where the total land-revenue payable exceeds Rs.9,999. Rupees one thousand. 
 
SECOND SCHEDULE 
(See SECTION 5) 
TAX ON RAILWAY FARES AND FREIGHTS 
PART I 
Freight (Goods) Tax 
Where the freight on any consignment does not exceed Rs.3. Nil. 
Where the freight on any consignment exceeds Rs.3 but does not 
exceed Rs.10. 
Six paisa. 
Where the freight on any consignment exceeds Rs.10 but does not 
exceed Rs.25. 
Twelve paisa. 
Where the freight on any consignment exceeds Rs.25 but does not 
exceed Rs.50. 
Twenty-five paisa. 
Where the freight on any consignment exceeds Rs.50 but does not 
exceed Rs.75. 
Fifty paisa. 
Where the freight on any consignment exceeds Rs.75 but does not 
exceed Rs.100. 
One rupee. 
Where the freight on  any consignment exceeds Rs.100 but does 
not exceed Rs.150. 
Two rupees. 
Where the freight on any consignment exceeds Rs.150 but does 
not exceed Rs.225. 
Three rupees. 
Where the freight on any consignment exceeds Rs.225 but does 
not exceed Rs.300. 
Four rupees. 
Where the freight on any consignment exceeds Rs.300. Four rupees plus one rupee 
for every hundred rupees in 
excess of three hundred 
rupees of freight. 
PART II 
Fares (Passengers) Amount of tax 
On a First Class ticket 50 paisa. 
On a Second Class ticket 25 paisa. 
On an Inter Class ticket 12 paisa. 
On a Third Class ticket 6 paisa. 
 Provided that no tax shall be levied where the fare does not exceed Rs.3. 
 
25
[THIRD SCHEDULE 
(See SECTION 6)] 
26
[FOURTH SCHEDULE 
(See SECTION 6)] 
FIFTH SCHEDULE 
(See SECTION 7) 
SCHEDULE 1 
STAMP-DUTY ON INSTRUMENTS 
(See SECTION 3) 
Description of Instrument Proper Stamp-duty 
1. ACKNOWLEDGMENT of a debt exceeding 
twenty rupees in amount or value, written or signed by, 
or on behalf of, a debtor in order to supply evidence of 
such debt in any book other than a banker‟s pass -book 
or on a separate piece of paper when such book or 
paper is left in the creditor‟s possession; provided that 
such acknowledgement does not contain any promise to 
pay the debt or any stipulation to pay int erest or to 
deliver any goods or other property– 
 
(a) where such amount does not exceed 
Rs.100; 
15 paisa. 
(b) where such amount exceeds Rs.100 but 
does not exceed Rs.2,000; 
40 paisa. 
 (c) where such amount exceeds Rs.2,000. 80 paisa. 
2. ADMINISTRATION BOND, including a bond 
given under sections 291, 375 and 376 of the 
Succession Act, 1925
27
, section 6 of the Government 
Savings Banks, Act, 1873
28
– 
 
(a) where the amount does not exceed Rs. 
1,000; 
The same duty as on a Bond 
(No.15) for such amount. 
(b) in any other case Thirty rupees. 
                                                           
25 Repealed by the Punjab Finance Ordin ance, 1971 (XI of 1971), w.e.f.1.7.1971, s.10; and published in the Punjab Gazette 
(Extraordinary), dated 30.6.1971 
26 Repealed by the Punjab Finance Ordinance, 1971 (XI of 1971), w.e.f.1.7.1971, s.10; and published in the Punjab Gazette 
(Extraordinary), dated 30.6.1971 
27XXXIX of 1925. 
28V of 1873. 
Description of Instrument Proper Stamp-duty 
3. ADOPTION-DEED that is to say, any 
instrument (other than a will) recording an adoption or 
conferring or purporting to confer an authority to adopt. 
 ADVOCATE, See ENTRY AS AN ADVOCATE  
(No.30). 
Fifty rupees. 
4. AFFIDAVIT, including an affirmation or 
declaration in the case of persons by law allowed to 
affirm or declare instead of swearing. 
EXEMPTIONS 
 Affidavit or declaration in writing when made– 
(a) as a condition of enrolment under the 
Indian Army Act, 1911
29
, or the Paki stan 
Army Act, 1952
30
 or the Indian Air Force 
Act, 1932
31
, or the Pakistan Air Force 
Act, 1953
32
; 
Four rupees. 
(b) for the immediate purpose of being filed 
or used in any Court or before the 
officer of any Court; or 
 
(c) for the sole purpose of enabling any  
person to receive any pension or 
charitable allowance. 
 
5. AGREEMENT OR MEMORANDUM OF AN 
AGREEMENT– 
 
(a) if relating to the sale of a bill of 
exchange; 
One rupee. 
(b) if relating to the sale of Government 
security; 
Fifty paisa for every Rs. 10,000 or 
part thereof of the value of the 
security, subject to a maximum of 
fifty rupees. 
(c) if relating to the sale of a share in an 
incorporated company or other body 
corporate; 
Twenty-five paisa for every rupees 
5,000 or part thereof of the value of 
the share. 
(d) if not otherwise provided for. Four rupees. 
 
EXEMPTIONS 
 Agreement or Memorandum of an Agreement– 
 
(a) for or relating to the purchase of or sale 
of goods or merchandise exclusively, 
not being a NOTE OR MEMORANDUM 
 
                                                           
29VII of 1911. 
30XXIX of 1952. 
31XIV of 1932. 
32VI of 1953. 
Description of Instrument Proper Stamp-duty 
chargeable under No.43; 
(b) made in the form of tenders to the 
Central Government for or relating to 
any loan. 
AGREEMENT TO LEASE. See  
LEASE (No.35). 
 
6. AGREEMENT RELATING TO DEPOSIT OF TITLE -
DEEDS, PAWN OR PLEDGE , that is to say, any instrument 
evidencing an agreement relating to– 
 
(1) the deposit of title -deeds or instruments 
constituting or being evidence of the title 
to any property whatever (other than 
marketable security), or 
 
(2) the pawn or pledge of movable 
property, where such deposit, pawn or 
pledge has been made by way of 
security for the re -payment of money 
advanced or to be advanced by way of 
loan or an existing or future debt– 
 
(a) if such loan or debt is repayable on 
demand or more than three months from 
the date of the instrument evidencing the 
agreement; 
The same duty as on a Bill of Exchange 
[No.13 (a)] for the amount secured. 
(b) if such loan or debt is repayable not 
more than three months from the date 
of such instrument. 
EXEMPTIONS 
Instrument of pawn or pledge of goods if 
unattested. 
Half the duty payable on a Bi ll of 
Exchange [No.13 ( a)] for the amount 
secured. 
7. APPOINTMENT IN EXECUTION OF A POWER 
where made by any writing not being a will– 
 
(a) of trustees Thirty-five rupees. 
(b) of property, movable or immovable Seventy rupees. 
8. APPRAISEMENT OR VALUATIO N made 
otherwise than under an order of the Court in the course 
of a suit– 
 
(a) where the amount does not exceed 
Rs.1,000; 
The same duty as on a Bond (No.15) for 
such amount. 
(b) in any other case Thirty rupees. 
EXEMPTIONS 
(a) Appraisement or valuation made for the 
information of one party only, and not 
being in any manner obligatory between 
parties either by agreement or operation 
of law. 
 
Description of Instrument Proper Stamp-duty 
(b) Appraisement, of crop for the purpose 
of ascertaining the amount to be given 
to a landlord as rent. 
9. APPRENTICESHIP-DEED, including every 
writing relating to the service or tuition of any 
apprentice, clerk or servant, placed with any master to 
learn any profession, trade or employment not being 
ARTICLES OF CLERKSHIP (No.11). 
EXEMPTIONS 
 Instrument of apprentices hip executed by a 
Magistrate under the Apprentices Act , 1850
33
, or by 
which a person is apprenticed by or at the charge of any 
public charity. 
Twenty-five rupees. 
10. ARTICLES OF ASSOCIATION OF A 
COMPANY– 
 
(a) where the company has no share 
capital or the  nominal share capital 
does not exceed Rs.2,500; 
Fifty rupees. 
(b) where the nominal share capital 
exceeds Rs.2,500 but does not exceed 
Rs. 1,00,000; 
One hundred rupees. 
(c) where the nominal share capital 
exceeds Rs.1,00,000 but does not 
exceed Rs.10,00,000; 
Two hundred rupees. 
(d) where the nominal share capital 
exceeds Rs.10,00,000. 
Five hundred rupees. 
EXEMPTIONS 
 Articles of any Association and not formed for 
profit and registered under section 26 of the Companies 
Act, 1913
34
. 
 
 
See also MEMORANDUM OF ASSOCIATION OF A 
COMPANY (No.39). 
 
11. ARTICLES OF CLERKSHIP OR contract 
whereby any person first becomes bound to serve as a 
clerk in order to his admission as an attorney in any 
High Court. 
 ASSIGNMENT, See CONVEYANCE (No.23), 
TRANSFER (No.62) and TRANSFER OF LEASE 
(No.63), as the case may be. ATTORNEY, See ENTRY 
AS AN ATTORNEY (No.30), AND POWER OF 
ATTORNEY (No.48). 
Five hundred rupees. 
                                                           
33XIX of 1850. 
34VII of 1913. 
Description of Instrument Proper Stamp-duty 
 AUTHORITY TO ADOPT . See ADOPTION-
DEED (No.3). 
12. AWARD, that is to say, any decision in writing by 
an arbitrato r or umpire, not being an award 
directing a partition, on a reference made otherwise 
than by an order of the Court in the course of a 
suit. 
 
The same duty as on a Bond 
(No.15) for the amount or value of 
the property to which the award 
relates as set forth in such award 
subject to maximum of fifty rupees. 
13. BILL OF EXCHANGE as defined by section 2 
(2) not being BOND, bank note or currency note– 
(a) where payable otherwise than on 
demand but not more than one year 
after date or sight– 
If drawn 
singly. 
If drawn 
in set of 
two, for 
each part 
of the 
set. 
If drawn in set of 
three, for each part 
of the set. 
if the amount of the bill does not exceed 
Rs.200. 
Twenty 
paisa. 
Ten 
paisa. 
Five paisa. 
if it exceeds Rs. 200 but does not exceed 
Rs.400. 
Forty 
paisa. 
Twenty 
paisa. 
Ten paisa. 
if it exceeds Rs. 400 but does not exceed 
Rs.600. 
Sixty 
paisa. 
Thirty 
paisa. 
Twenty 
Paisa. 
if it exceeds Rs. 600 but does not exceed 
Rs.800. 
Eighty 
Paisa. 
Forty 
Paisa. 
Thirty 
Paisa. 
if it exceeds Rs. 800 but does not exceed 
Rs.1,000. 
One 
rupee. 
Fifty 
paisa. 
Thirty five paisa. 
if it exceeds Rs.1,000 but does not exceed 
Rs.1,200. 
Rs.1.20. Sixty 
paisa. 
Forty paisa. 
 
If it exceeds Rs.1,200 but does not exceed 
Rs.1,600. 
Rs.1.50. Seventy-
five 
paisa. 
Fifty paisa. 
if it exceeds Rs.1,600 bu t does not exceed 
Rs.2,500. 
Rs.2.50. Rs.1.25. Rs.1.00. 
if it exceeds Rs.2,500 but does not exceed 
Rs.5,000. 
Rs.5.00. Rs.2.50. Rs.1.75. 
if it exceeds Rs.5,000 but does not exceed 
Rs.7,500. 
Rs.7.50. Rs.3.75. Rs.2.50. 
if it exceeds Rs.7,500 but does not ex ceed 
Rs.10,000. 
Rs.10.00. Rs.5.00. Rs.3.50. 
if it exceeds Rs.10,000 but does not exceed 
Rs.15,000. 
Rs.15.00. Rs.7.50. Rs.5.00. 
if it exceeds Rs.15,000 but does not exceed 
Rs.20,000.  
Rs.20.00. Rs.10.00. Rs.6.75. 
if it exceeds Rs.20,000 but does not exce ed 
Rs.25,000.  
Rs.25.00. Rs.12.50. Rs.8.50. 
if it exceeds Rs.25,000 but does not exceed 
Rs.30,000. 
Rs.30.00. Rs.15.00. Rs.10.00. 
and for every additional Rs. 10,000 or part 
thereof in excess of Rs. 30,000. 
Rs.10.00. Rs.5.00. Rs.3.50. 
(b) where payable m ore than one year after 
date or sight. One half of the duty payable on a 
Bond (No.15) for the same amount. 
14. BILL OF LADING  (including a through bill of 
lading). 
One rupee. 
Description of Instrument Proper Stamp-duty 
Note– If a bill of lading is drawn in parts, the proper 
stamps therefor must be borne by ea ch one 
of the sets. 
EXEMPTIONS 
(a) Bill of the lading when the goods therein 
described are received at a place within 
the limits of any port as defined under 
the Ports Act, 1908
35
, and are to be 
delivered at another place within the 
limits of the same port. 
(b) Bill of lading when executed out of 
Pakistan and relating to property to be 
delivered in Pakistan. 
15. BOND as defined by section 2 (5) not being a 
DEBENTURE (No.27) and not being otherwise provided 
for by this Act, or by the Court Fees Act, 1870
36
– 
 
 where the amount or value secured does not 
exceed Rs.10. 
Twenty-five paisa. 
 where it exceeds Rs.10 but does not exceed 
Rs.50. 
One rupee. 
 where it exceeds Rs.50 but does not exceed 
Rs.100. 
Two rupees. 
 where it exceeds Rs.100 but does not exceed 
Rs.200. 
Four rupees. 
 where it exceeds Rs.200 but does not exceed 
Rs.300. 
Six rupees. 
 where it exceeds Rs.300 but does not exceed 
Rs.400. 
Eight rupees. 
 where it exceeds Rs.400 but does not exceed 
Rs.500. 
Ten rupees. 
 where it exceeds Rs.500 bu t does not exceed 
Rs.600. 
Twelve rupees. 
 where it exceeds Rs.600 but does not exceed 
Rs.700. 
Fourteen rupees. 
 where it exceeds Rs.700 but does not exceed 
Rs.800. 
Sixteen rupees. 
 where it exceeds Rs.800 but does not exceed 
Rs.900. 
Eighteen rupees. 
 where it exceeds Rs.900 but does not exceed 
Rs.1,000. 
Twenty rupees. 
 and for every Rs. 500 or part thereof in excess 
of Rs. 1,000. 
Ten rupees. 
See ADMINISTRATION BOND (No.2), BOTTOMRY 
 
                                                           
35XV of 1908. 
36VII of 1870. 
Description of Instrument Proper Stamp-duty 
BOND (No.16), CUSTOMS BOND (No.26). 
INDEMNITY BOND (No.34), RESPONDENTIA BOND 
(No.56) SECURITY BOND (No.57). 
EXEMPTIONS 
 Bond when executed by any person for the 
purpose of guaranteeing that the local income derived 
from private subscription to a Charitable dispensary or 
hospital or any other object of public utility shall n ot be 
less than a specified sum per mensem. 
16. BOTTOMRY BOND , that is to say, any 
instrument where by the master of a seagoing ship 
borrows money on the security of the ship to enable him  
o preserve the ship or prosecute her voyage. 
The same duty as on  a Bond 
(No.15) for the same amount. 
17. CANCELLATION, instrument of (including any 
instrument by which any instrument previously executed 
is cancelled), if attested and not otherwise provided for. 
See also RELEASE (No.55), REVOCATION OF 
SETTLEMENT (No.58-B), SURRENDER OF LEASE 
(No.61), REVOCATION OF TRUST (No.64-B). 
Fifteen rupees. 
18. CERTIFICATE OF SALE  (in respect of each 
property put up as a separate lot and sold) granted to 
the purchaser of any property sold by public auction by 
a Civil or Revenue C ourt, or Collector or other Revenue 
Officer– 
 
(a) where the purchase money does not 
exceed Rs.10; 
Fifty paisa. 
(b) where the purchase money exceeds 
Rs.10 but does not exceed Rs.25; 
One rupee. 
(c) in any other case. The same duty as on a Conveyance 
(No.23) for a consideration equal to 
the amount of the purchase money 
only. 
19. CERTIFICATE OR OTHER DOCUMENT 
evidencing the right or title of the holder thereof or any 
other person, either to any shares, scrip or stock in or of 
any incorporated company or oth er body corporate, or 
to become proprietor of shares, scrip or stock in or of 
any such company or body. 
Fifty paisa. 
See also LETTER OF ALLOTMENT OF SHARES 
(No.36). 
 
20. CHARTER PARTY , that is to say, any 
instrument (except an agreement for the hire of a  tug-
steamer) whereby a vessel or some specified principal 
part thereof is let for the specified purposes of the 
Five rupees. 
Description of Instrument Proper Stamp-duty 
charterer, whether it includes a penalty clause or not. 
21. * * * * * * * * * 
 
22. COMPOSITION-DEED, that is to say, any 
instrument executed by a debtor whereby he conveys 
his property for the benefit of his creditors, or whereby 
payment of a composition or dividend on their debts is 
secured to the creditors, or whereby provision is made 
for the continuance of the debtor‟s business  under the 
supervision of Inspector or under letters of licence for 
the benefit of his creditors. 
Fifty rupees. 
23. CONVEYANCE as defined by section 2 (10) not 
being a TRANSFER charged or exempted under 
No.62– 
 
 where the amount or value of the considera tion 
for such conveyance as set forth therein does 
not exceed Rs.50. 
Two rupees. 
 where it exceeds Rs.50 but does not exceed 
Rs.100. 
Four rupees. 
 where it exceeds Rs.100 but does not exceed 
Rs.200. 
Eight rupees. 
 where it exceeds Rs.200 but does not ex ceed 
Rs.300. 
Twelve rupees. 
 where it exceeds Rs.300 but does not exceed 
Rs.400. 
Sixteen rupees. 
 where it exceeds Rs.400 but does not exceed 
Rs.500. 
Twenty rupees. 
 where it exceeds Rs.500 but does not exceed 
Rs.600. 
Twenty-four rupees. 
 where it exce eds Rs.600 but does not exceed 
Rs.700. 
Twenty-eight rupees. 
 where it exceeds Rs.700 but does not exceed 
Rs.800. 
Thirty-two rupees. 
 where it exceeds Rs.800 but does not exceed 
Rs.900. 
Thirty-six rupees. 
 where it exceeds Rs.900 but does not exceed 
Rs.1,000. 
Forty rupees. 
 and for every Rs.500 or part thereof in excess of 
Rs.1,000. 
Twenty rupees. 
EXEMPTION 
 Assignment of copyright by entry made under 
the Copyright Act, 1914
37
, section 5. 
 
CO-PARTNERSHIP-DEED. See PARTNERSHIP 
(No.46). 
 
                                                           
37III of 1914. 
Description of Instrument Proper Stamp-duty 
24. COPY OR EXTRACT certified to be a true copy 
or extract by or by order of any public officer and not 
chargeable under the law for the time being in force 
relating to court-fees– 
 
(i) if the original was not chargeable with 
duty or if the duty with which it was 
chargeable does not exceed four 
rupees; 
Two rupees. 
(ii) in any other case Four rupees. 
EXEMPTION 
(a) Copy of any paper which a public officer 
is expressly required by law to make or 
furnish for record in any public office or 
for any public purpose; 
(b) Copy of , or extract from, any register 
relating to births, baptisms, namings, 
dedications, marriages (divorces), 
deaths or burials. 
 
25. COUNTERPART OR DUPLICATE of any 
instrument chargeable with duty and in respect of which 
the proper duty has been paid– 
 
(a) if the duty with which the original 
instrument is chargeable does not 
exceed four rupees; 
The same duty as is leviable on the 
original. 
 (b) in any other case Four rupees. 
EXEMPTION 
 Counterpart of any lease granted to cultivator 
when such lease is exempted from duty. 
 
26. CUSTOMS BOND– 
 
(a) where the amount does not exceed 
Rs.1,000; 
The same duty as on a Bond 
(No.15) for such amount. 
 (b) in any other case Thirty rupees. 
 
27. DEBENTURE (whether a mortgage debenture 
or not), being a marketable security transferable– 
 
(a) by endorsement or by a separate 
instrument of transfer; 
The same duty as on a Bond 
(No.15) for the same amount. 
(b) by delivery–  
 where the face value of the debenture does not 
exceed Rs.50. 
One rupee and fifty paisa. 
 where it ex ceeds Rs.50 but does not exceed 
Rs.100. 
Three rupees. 
 where it exceeds Rs.100 but does not exceed 
Rs.200. 
Six rupees. 
Description of Instrument Proper Stamp-duty 
 where it exceeds Rs.200 but does not exceed 
Rs.300. 
Nine rupees. 
 where it exceeds Rs.300 but does not exceed 
Rs.400. 
Twelve rupees. 
 where it exceeds Rs.400 but does not exceed 
Rs.500. 
Fifteen rupees. 
 where it exceeds Rs.500 but does not exceed 
Rs.600. 
Eighteen rupees. 
 where it exceeds Rs.600 but does not exceed 
Rs.700. 
Twenty-one rupees. 
 where it exceeds Rs.700 but does not exc eed 
Rs.800. 
Twenty-four rupees. 
 where it exceeds Rs.800 but does not exceed 
Rs.900. 
Twenty-seven rupees. 
 where it exceeds Rs.900 but does not exceed 
Rs.1,000. 
Thirty rupees. 
 and for every Rs.500 or part thereof in excess 
of Rs.1,000. 
Fifteen rupees. 
Explanation.– The term “Debenture” includes any 
interest coupons attached thereto, but the amount of 
such coupons shall not be included in estimating the 
duty. 
 
EXEMPTION 
 
 A debenture issued by an incorporated 
company or other body corporate in terms o f a 
registered mortgage -deed, duly stamped in respect of 
the full amount of debentures to be issued thereunder, 
whereby the company or body borrowing makes over, in 
whole or in part, their property to trustees for the benefit 
of the debenture, holders, pro vided that the debentures 
so issued are expressed to be issued in terms of the 
said mortgage-deed. 
 
See also BOND (No.15), and SECTIONS 8 and 55. 
DECLARATION OF ANY TRUST. See TRUST (No.64). 
 
28. DELIVERY-ORDER IN RESPECT OF GOODS , 
that is to say, any in strument entitling any person 
therein named, or his assigns or the holder thereof, to 
the delivery of any goods lying in any dock or port, or in 
any ware-house in which goods are stored or deposited 
on rent or hire, or upon any wharf such instrument being 
signed by or on behalf of the owner of such goods upon 
the sale or transfer of the property therein when such 
goods exceed in value twenty rupees. 
DEPOSIT OF TITLE-DEED. See AGREEMENT relating 
to DEPOSIT OF TITLE -DEEDS, PAWN OR PLEDGE 
Twenty-five paisa. 
Description of Instrument Proper Stamp-duty 
(No.6). 
DISSOLUTION O F PARTNERSHIP . See 
PARTNERSHIP (No.46). 
29. DIVORCE–Instrument of, that is to say any 
instrument by which any person effects the dissolution 
of his marriage. 
DOWER–Instrument of. See SETTLEMENT (No.58). 
DUPLICATE. See COUNTERPART (No.25). 
 
Fifteen rupees. 
30. ENTRY AS AN ADVOCATE, OR ATTORNEY 
ON THE ROLL OF ANY HIGH COURT –under the Legal 
Practitioners and Bar Councils Act, 1965
38
– 
 
(a) in the case of an Advocate One thousand rupees. 
(b) in the case of an Attorney One thousand rupees. 
EXEMPTION 
 
 Entry of an Advocate or Attorney on the roll of 
any High Court when he has previously been enrolled in 
a High Court. 
 
31. EXCHANGE OF PROPERTY– Instrument of– 
 
The same duty as is leviable on a 
Convey-ance (No.23) for a 
consideration equal to  the value of 
the property of greatest value as set 
forth in such instrument. 
 EXTRACT. See COPY (No.24). 
 
32. FURTHER CHARGE –Instrument of, that is to 
say, any instrument imposing a further charge on 
mortgaged property– 
 
(a) when the original mortgage is one of the 
description referred to in clause ( a) of 
Article No.40 (that is, with possession); 
The same duty as on a Conveyance 
(No.23) for a consideration equal to the 
amount of the further charge secured by 
such instrument. 
(b) when such mortgage is o ne of the 
description referred to in clause ( b) of 
Article No.40 (that is, without 
possession)– 
 
(i) if at the time of execution of the 
instrument of further charge 
possession of the property is 
given or agreed to be given 
under such instrument; 
The same duty as on a Conveyance 
(No.23) for a consideration equal to the 
total amount of the charge (including the 
original mortgage and any further 
charge already made) less the duty 
                                                           
38III of 1965. 
Description of Instrument Proper Stamp-duty 
already paid on such original mortgaged 
and further charge. 
(ii) if possession is not so given .. The same duty as on a Bond (No.15) for 
the amount of the further charge 
secured by such instrument. 
33. GIFT–Instrument of, not being a SETTLEMENT 
(No.58) OR WILL OR TRANSFER (No.62). 
HIRING AGREEMENT or AGREEMENT FOR 
SERVICE. See AGREEMENT (No.5). 
The same duty as is leviable on a 
Conveyance (No.23) for a 
consideration equal to the value of the 
property as set -forth in such 
instrument. 
34. INDEMNITY BOND. 
 
The same duty as on a Security 
Bond (No.57) for the same amount. 
INSPECTORSHIP-DEED– .See COMPOSITION-DEED 
(No.22). INSURANCE– See POLICY OF INSURANCE 
(No.47). 
 
35. LEASE, including an under -lease or sub -lease 
and any agreement to let or sub-let– 
(a) where by such lease the rent is fixed 
and no premium is paid or delivered– 
 
(i) where the lease purports to be 
for a term of less than one year; 
The same duty as on a Bond (No.15) for 
the whole amount payable or 
deliverable under such lease. 
(ii) where the lease purports to be 
for a term of not less than one 
year but not more than thre e 
years; 
The same duty as on a Bond (No.15) for 
the amount or value of the average 
annual rent reserved. 
(iii) where the lease purports to be 
for a term in excess of three 
years, but not more than twenty 
years; 
The same duty as is leviable on a 
Debenture [No.27 (b)] for a 
consideration equal to the amount or 
value of the average annual rent 
reserved. 
(iv) where the lease purports to be 
for a term in excess of twenty 
years or in perpetuity; 
 
The same duty as is leviable on a 
Debenture [No.27 (b)] for a 
consideration equal to the whole 
amount of rents which would be 
paid or delivered in respect of the 
first ten years of the lease. 
(v) where the lease does not 
purport to be for any definite 
term; 
 
The same duty as is leviable on a 
Debenture [No.27 (b)] for a  
consideration equal to the amount 
or value of the average annual rent 
which would be paid or delivered for 
the first ten years, if the lease 
continued so long. 
(b) (i) where the lease is granted for money 
advanced and where no rent is 
reserved; 
 
The same  duty as is leviable on a 
Conveyance (No.23) for a 
consideration equal to the amount 
of such advance as set forth in the 
lease. 
(ii) where the lease is granted for a The same duty as is leviable on a 
Description of Instrument Proper Stamp-duty 
fine or premium and where no 
rent is reserved; 
 
Conveyance (No.23) for a consideration 
equal to the amount of such fine or 
premium as set forth in the lease. 
(c) (i)where the lease is granted for money 
advanced in addition to rent reserved; 
 
The same duty as is leviable on a 
Conveyance (No.23) for a 
consideration equal to the amount of 
advance as set forth in the lease, in 
addition to the duty which would have 
been payable on such lease, if no 
advance had been paid or delivered; 
provided that , in any case when an 
agreement to leases is stamped with 
the ad valo rem stamp required for a 
lease and a lease in pursuance of 
such agreement is subsequently 
executed, the duty on such lease 
shall not exceed four rupees. 
(ii) where the lease is granted for a 
fine or premium in addition to 
rent reserved. 
 
The same duty as is leviable on a 
Conveyance (No.23) for a 
consideration equal to the amount of 
such fine or premium as set forth in 
the lease, in addition to the duty 
which would have been payable on 
such lease if no fine or premium had 
been paid or delivered; provided th at, 
in any case when an agreement to 
lease is stamped with the ad valorem 
stamp required for a lease and a 
lease in pursuance of such 
agreement is subsequently executed , 
the duty on such lease shall not 
exceed four rupees. 
EXEMPTION 
 Lease, executed in th e case of a cultivator and 
for the purposes of cultivation (including a lease of trees 
for the production of food or drink) without the payment 
or delivery of any fine or premium when a definite term 
is expressed and such term does not exceed one year, 
or when the average annual rent reserved does not 
exceed one hundred rupees. 
 
36. LETTER OF ALLOTMENT OF SHARES in any 
company or proposed company or in respect of any 
loan to be raised by any company or proposed 
company. 
 See also CERTIFICATE OR OTHER DOCUM ENT 
(No.19). 
Fifty paisa. 
37. LETTER OF CREDIT , that is to say, any 
instrument by which one person authorizes another to 
give credit to the person in whose favour it is drawn. 
 LETTER OF GUARANTEE , See AGREEMENT 
(No.5). 
Fifty paisa. 
Description of Instrument Proper Stamp-duty 
 
38. LETTER OF LICENC E, that is to say, any 
agreement between a debtor and his creditors, that the 
letter shall, for a specified time, suspend their claims 
and allow the debtor to carry on business at his own 
discretion. 
Twenty-five rupees. 
39. MEMORANDUM OF ASSOCIATION OF A 
COMPANY– 
 
(a) if accompanied by articles of 
association under section 35 of the 
Companies Act, 1913
39
; 
Seventy-five rupees. 
(b) if not so accompanied Two hundred rupees. 
EXEMPTION 
 Memorandum of any association not formed for 
profit and registered under section 26 of the Companies 
Act, 1913
40
. 
 
40. MORTGAGE-DEED not being an 
AGREEMENT RELATING TO DEPOSIT OF TITLE -
DEEDS, PAWN OR PLEDGE (No.6), BOTTOMRY 
BOND (No.16), MORTGAGE OF A CROP (No.41), 
RESPONDENTIA BOND (No.56), OR SECURITY 
BOND (No.57)– 
 
(a) when possession of the property or any 
part of the property comprised in such 
deed is given by the mortgagor or 
agreed to be given; 
The same duty as on a Conveyance 
(No.23) for a consideration equal to 
the amount secured by such deed. 
(b) when possession is n ot given or agreed 
to be given as aforesaid; 
 
The same duty as on a Bond 
(No.15) for the amount secured by 
such deed. 
Explanation.– A mortgagor who gives to the mortgagee 
a power of attorney to collect rents or a lease of the 
property mortgaged or part th ereof, is deemed to give 
possession within the meaning of this article. 
 
(c) when a collateral or auxiliary or 
additional or substituted security, or by 
way of further assurance for the above -
mentioned purposes where the principal 
or primary security is duly stamped– 
 
 for every sum secured not exceeding Rs.1,000; Ten rupees. 
 and for every Rs.1,000 or part thereof secured 
in excess of Rs.1,000. 
Ten rupees. 
                                                           
39VII of 1913. 
40VII of 1913. 
Description of Instrument Proper Stamp-duty 
EXEMPTIONS 
(1) Instruments, executed by persons taking 
advances under the Land Improvement Loans Act, 
1883
41
, or the 
42
[Punjab] Agriculturists Loans Act, 1958
43
 
or by their sureties as security for the repayment of such 
advances. 
(2) Letter of hypothecation accompanying a Bill of 
Exchange. 
 
41. MORTGAGE OF A CROP , including any 
instrument evidencing an agreement to secure the 
repayment of a loan made upon any mortgage of a crop, 
whether the crop is or is not in existence at the time of 
mortgage– 
 
(a) when the loan is repayable not more 
than three months from the date of the 
instrument– 
 
for every sum secured not exceeding Rs.200; Twenty-five paisa. 
and for every Rs.200 or part thereof secured in excess 
of Rs.200; 
Twenty-five paisa. 
(b) when the loan is repayable more than 
three months, but not more than 
eighteen months, from the date of the 
instrument– 
 
for every sum secured not exceeding Rs.100; Fifty paisa. 
and for every Rs. 100 or part thereof secured in excess 
of Rs.100. 
Fifty paisa. 
42. NOTARIAL ACT, that is to say, any instrument, 
endorsement, note, attestation, certificate or entry not 
being a PROTEST (No.50) made or signed by a Notary 
Public in the execution of the duties of his office, or by 
any other person lawfully acting as a Notary Public. 
See also PROTEST OF BILL OR NOTE (No.50). 
Four rupees. 
43. NOTE OR MEMORANDUM SENT BY a broker 
or agent to his principal intimating the purchase or sale 
on account of such principal– 
 
(a) of any goods exceeding in value twenty 
rupees; 
Fifty paisa. 
(b) of any stock or marketable security 
exceeding in value twenty rupees, not 
being a Government Security; 
Twenty-five paisa for every 
Rs.5,000 or a part thereof of the 
value of the stock or security. 
                                                           
41XIX of 1883. 
42Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
43W.P. Act XVII of 1958. 
Description of Instrument Proper Stamp-duty 
(c) of a Government security. Twenty-five paisa for every 10,000 
rupees or part thereof of the value 
of the security subject to a 
maximum of forty rupees. 
NOTE OF PROTEST BY THE MASTER OF A SHIP. 
See also PROTEST BY MASTER OF A SHIP (No.51). 
ORDER FOR THE PAYMENT OF MONEY. 
See BILL OF EXCHANGE (No.13). 
Four rupees. 
45. PARTITION–Instrument of [as defined by section 
2(15)]. 
 
The same duty as on a Bond 
(No.15) for the amount of the value 
of the separated share or shares of 
the property. 
 
Explanation.– The largest share 
remaining after the property is 
partitioned (or if there are two or more 
shares of equal value and not smaller 
than any of the other shares, tha n one 
of such equal shares) shall be deemed 
to be that from which other shares are 
separated: 
 
 Provided always that– 
 
(a) when an instrument of 
partition contain ing an 
agreement to divide 
property in severalty is 
executed and a partition is 
effected in pursuance of 
such agreement, the duty 
chargeable upon the 
instrument affecting such 
partition shall be reduced by 
the amount of duty paid  in 
respect of the first 
instrument but shall not be 
less than four rupees; 
 
(b) where land is held on 
Revenue Settlem ent for a 
period not exceeding thirty 
years and paying the full 
assessment, the value for 
purpose of duty shall be 
calculated at not more than 
five times the annual 
revenue; 
 
(c) where a final order for effecting 
a partition passed by any 
Revenue authorit y or any Civil 
Court, or an award by an 
arbitrator directing a partition, 
is stamped with the stamp 
Description of Instrument Proper Stamp-duty 
required for an instrument of 
partition, and an instrument of 
partition in pursuance of such 
order or award is subsequently 
executed, the duty on such 
instrument shall not exceed 
four rupees. 
46. PARTNERSHIP– 
A–INSTRUMENT OF– 
 
(a) where the capital of the partnership 
does not exceed Rs.500; 
Ten rupees. 
(b) in any other case Fifty rupees. 
B–DISSOLUTION OF– 
PAWN OR PLEDGE –See AGREEMENT 
RELATING TO DEPOSIT O F TITLE -DEEDS, 
PAWN OR PLEDGE (No.6). 
Twenty-five rupees. 
47. POLICY OF INSURANCE– 
A–See INSURANCE (see section 7)– 
If 
drawn 
singly. 
If drawn in duplicate for 
each part. 
(1) For each voyage–   
 (i) where the premium of consideration 
does not exceed the rate of 1/8 per cent of 
the amount insured by the policy ; for every 
full sum of Rs.5,000 and also any fractional 
parts thereof insured by the policy; 
Ten 
paisa. 
Five paisa. 
 (ii) in any other case, in respect of every 
full sum of Rs.2,000 and also any fra ctional 
part thereof insured by the policy. 
Ten 
paisa. 
Five paisa. 
(2) For time– 
 in respect of every full sum of Rs.2,000 or part 
thereof insured by the policy– 
  
 (i) where the insurance shall be made for 
any time not exceeding six months; 
Thirty 
paisa. 
Fifteen paisa. 
 (ii) where the insurance shall be made for 
any time exceeding six months and not 
exceeding twelve months. 
Sixty 
paisa. 
Thirty paisa. 
B–FIRE–INSURANCE AND OTHER CLASSES OF 
INSURANCE, NOT ELSEWHERE INCLUDED IN 
THIS ARTICLE, COVERING GOODS , 
MERCHANDISE, PERSONAL EFFECTS, CROPS, 
AND OTHER PROPERTY AGAINST LOSS OR 
DAMAGE– 
 
 (1) in respect of an original policy–  
 (i) when the sum insured does not exceed 
Rs. 5,000; 
Fifty paisa. 
Description of Instrument Proper Stamp-duty 
 (ii) in any other case 
  and 
One rupee. 
(2) in respect of eac h receipt for any payment of a 
premium on any renewal of an original policy. 
 
One-half of the duty payable in 
respect of the original policy in 
addition to the amount, if any, 
chargeable under No.53. 
C–ACCIDENT AND SICKNESS INSURANCE–  
 (a) Against railw ay accident, valid for a 
single journey only. 
Five paisa. 
EXEMPTION 
 When issued to a passenger travelling by the 
intermediate or the third class in any railway. 
 
 (b) In any other case for the maximum 
amount which may become payable in the case 
of any s ingle accident or sickness where such 
amount does not exceed Rs.2,000 and also 
where such amount exceeds Rs.2,000, for every 
Rs.2,000 or part thereof. 
 
Twenty-five paisa: provided that, in 
case of a policy of insurance 
against death by accident when the 
annual premium payable does not 
exceed Rs.2.50 per Rs.1,000 the 
duty on such instrument shall be 
five paisa for every Rs.1,000 or part 
thereof of the maximum amount 
which may become payable under 
it. 
D–INSURANCE BY WAY OF INDEMNITY–  
  Against liability to  pay damages on account of 
accidents to workmen employed by or under or 
against liability to pay compensation under  the  
Workmen‟s Compensation Act, 1923
44
, for every 
Rs.100 or part thereof payable as premium. 
Five paisa. 
E–LIFE INSURANCE OR OTHER INSURANC E NOT 
SPECIFICALLY PROVIDED FOR , except such a 
RE-INSURANCE as is described in Division of this 
article– 
If 
drawn 
singly. 
If drawn in duplicate, for 
each part. 
 (i) for every sum insured not exceeding 
Rs.250; 
Ten 
paisa. 
Five paisa. 
 (ii) for every sum in sured exceeding 
Rs.250 but not exceeding Rs.500; 
Twenty 
paisa. 
Ten paisa. 
 (iii) for every sum insured exceeding 
Rs.500 but not exceeding Rs.1,000 and also for 
every Rs.1,000 or part thereof in excess of 
Rs.1,000. 
Forty 
paisa. 
Twenty paisa 
                                                           
44VIII of 1923. 
Description of Instrument Proper Stamp-duty 
EXEMPTIONS 
 Policies of life insurance granted by the 
Director-General of Post Offices in accordance with 
rules for Postal Life Insurance issued under the 
authority of the Central Government. 
 
F–RE-INSURANCE BY AN INSURANCE COMPANY 
WHICH HAS GRANTED A POLICY OF THE 
NATURE SPECIFIED IN DIVISION A OR DIVISION 
B OF THIS ARTICLE WITH ANOTHER COMPANY 
BY WAY OF INDEMNITY OR GUARANTEE 
AGAINST THE PAYMENT ON THE ORIGINAL 
INSURANCE OF A CERTAIN PART OF THE SUM 
INSURED THEREBY. 
One-half of the duty payable in 
respect of the origi nal insurance but 
not less than five paisa or more 
than one rupee. 
GENERAL EXEMPTIONS 
 Letter of cover or engagement to issue a policy 
of insurance: 
 Provided that, unless such letter or engagement 
bears the stamp prescribed by this Act for such policy 
nothing shall be claimable thereunder, nor shall it be 
available for any purpose except to compel the delivery 
of the policy therein mentioned. 
 
48. POWER-OF-ATTORNEY as defined by section 2 
(21), not being a proxy (No.52)– 
 
 (a) when executed for the sole  purpose of 
procuring the registration of one or more 
documents in relation to a single transaction or 
for admitting execution of one or more such 
document; 
Two rupees. 
 (b) when authorising one person or more to 
act in a single transaction other than the  case 
mentioned in clause (a); 
Five rupees. 
 (c) when authorising not more than five 
persons to act jointly and severally in more 
than one transaction or generally; 
Twenty-five rupees. 
 (d) when authorising more than five but not 
more than ten persons to  act jointly and 
severally in more than one transaction or 
generally; 
Fifty rupees. 
 (e) when given for consideration and 
authorising the attorney to sell any immovable 
property; 
The same duty as is leviable on a 
Conveyance (No.23) for the amount 
of the consideration. 
 (f) in any other case Five rupees for each person 
authorised. 
Explanation 1.– For the purposes of this Article more 
persons than one when belonging to the 
same firm shall be deemed to be one 
person. 
 
Description of Instrument Proper Stamp-duty 
Explanation 2.– The term “Registration” includes every 
operation incidental to registration under 
the Registration Act, 1908
45
. 
49. PROMISSORY NOTE as defined by section 2 
(22)– 
 
 (a) when payable on demand–  
(i) when the amount or value does 
not exceed Rs.250; 
Fifty paisa. 
(ii) when the amo unt or value 
exceeds Rs.250 but does not 
exceed Rs.1,000; 
One rupee. 
(iii) when the amount or value 
exceeds Rs.1,000 but does not 
exceed Rs.5,000; 
Five rupees. 
(iv) in any other case Ten rupees. 
 (b) when payable otherwise than on 
demand. 
The same duty as on a Bill of 
Exchange (No.13) for the same 
amount payable otherwise than on 
demand. 
50. PROTEST OF BILL OR NOTE , that is to say, any 
declaration in writing made by a Notary Public or 
other person lawfully acting as such, attesting the 
dishonour of a Bi ll of Exchange for promissory 
note. 
Four rupees. 
51. PROTEST BY THE MASTER OF A SHIP, that is to 
say, any declaration of the particulars of her 
voyage drawn up by him with a view to the 
adjustment of losses or the calculation of averages, 
and every declar ation in writing made by him 
against the charterers or the consignees or not 
loading or unloading the ship, such declaration is 
attested or certified by a Notary Public or other 
person lawfully acting as such. 
Four rupees. 
 See also NOTE OF ROTEST BY THE MASTER 
OF A SHIP (No.44). 
 
52. PROXY empowering any person to vote at any one 
election of the members of a district or local board 
or of a body of municipal commissioners, or at any 
one meeting of (a) members of an incorporated 
company or other body corpo rate whose stock or 
funds is or are divided into shares and transferable; 
(b) a local authority; or (c) proprietors, members or 
contribution to the funds of any institution. 
Twenty-five paisa. 
53. RECEIPTS as defined by section 2 (23) for any 
money or oth er property the amount or value of 
 
                                                           
45XVI of 1908. 
Description of Instrument Proper Stamp-duty 
which exceeds twenty rupees– 
(a) where the amount or value does not 
exceed one hundred rupees; 
Fifteen paisa. 
(b) where the amount or value exceeds 
one hundred rupees but does not 
exceed Rs.2,000; 
Forty paisa. 
(c) where such amount exceeds Rs.2,000. Eighty paisa. 
EXEMPTIONS 
Receipts– 
(a) endorsed on or contained in any 
instrument duly stamped for any 
instrument exempted under the proviso 
to section 3 (instruments executed on 
behalf of the Government) or any 
cheque or bill of exchange, payable on 
demand acknowledging the receipt of 
the consideration money therein 
expressed, or the receipt of any 
principal-money, interest or annuity, or 
other periodical payment thereby 
secured; 
(b) for any payment of money without 
consideration; 
(c) for any payment of rent by a cultivator 
on account of land assessed to 
Government revenue; 
(d) for pay or allowances by non -
commissioned or petty officers, 
soldiers, sailors or airmen of the armed 
forces of Pakistan/ Pakistan‟s military, 
naval or air forces, when serving in 
such capacity, or by mounted police 
constables; 
 
(e) given by holders of family certificates in 
cases where the person from whose 
pay or allowances the sum comprised 
in the receipt has been assigned as a 
non-commissioned or  petty officer, 
soldier, sailor or airman or any of the 
said forces and serving in such 
capacity; 
(f) for pensions or allowances by persons 
receiving such pensions or allowances 
in respect of their services as such, 
non-commissioned or petty officers, 
soldiers, sailors or airmen, and not 
serving the State in any other capacity; 
(g) given by a headman or lambardar for 
land-revenue or taxes collected by him; 
(h) given for money or securities for money 
deposited in the hands of any banker to 
be accounted for: 
 Provided that the same is not 
 
Description of Instrument Proper Stamp-duty 
expressed to be received of, or by the 
hands of, any other than the person to 
whom the same is to be accounted for: 
 Provided also that this exemption shall 
not extend to receipt or 
acknowledgment for any sum paid or 
deposited for, or upon a letter of 
allotment of a share, or in respect of a 
call upon any scrip or share of, or in, 
any incorporated company or other 
body corporate or such proposed or 
intended company or body or in 
respect of a debenture being a 
marketable security. 
See also POLICY OF INSURANCE [No. 47 -B 
(2)]. 
54. RE-CONVEYANCE OF MORTGAGE 
PROPERTY– 
 
 (a) if the consideration for which the 
property was mortgaged does not exceed Rs. 
1,000; 
The same duty as on a Bond 
(No.15) for the amount of such 
consideration as set forth in the re -
conveyance. 
 (b) in any other case Thirty rupees. 
55. RELEASE, that is to say, any instrument (not 
being such a release as is provided for by 
section 23 -A) whereby a person renounces a 
claim upon another person or against any 
specified property– 
 
(a) if the amount or value of the 
claim does not exceed 
Rs.1,000; 
The same duty as on a Bond (No. 
15) for such amount or value as set 
forth in the release. 
(b) in any other case Thirty rupees. 
56. RESPONDENTIA BOND , that is to say, any 
instrument securing a loan on the cargo laden or 
to be laden on board a ship and making 
repayment contingent on the arrival of the cargo 
at the port of destination. 
REVOCATION OF ARMY TRUST OR SETTLEMENT. 
See SETTLEMENT (No.58), TRUST (No.64). 
The same duty as on a Bond 
(No.15) for the amount of the loan 
secured. 
57. SECURITY BOND OR MORTGAGE DEED 
executed by way of security for the due 
execution of an office, or to account for money 
or other property received by virtue thereof or 
executed in favour of a Cou rt for the due 
discharge of a contingent liability or executed by 
a surety to secure the due performance of a 
contract– 
 
Description of Instrument Proper Stamp-duty 
(a) when the amount secured does 
not exceed Rs. 1,000; 
The same duty as on a Bond 
(No.15) for the amount secured. 
(b) in any other case 
EXEMPTIONS 
 Bond or other instrument, when executed– 
(a) by any person for the purpose 
of guaranteeing that the local 
income derived from private 
subscription to a charitable 
dispensary or hospital or any 
other object of public utility 
shall not be less  than a 
specified sum per mensem; 
(b) under No. 3 -A of the rules 
made by the Provincial 
Government under section 70 
of the Sind Irrigation Act, 
1879
46
; 
 
Thirty rupees. 
(c) executed by persons taking 
advances under the Land 
Improvement, Loans Act, 
1883
47
, or  the 
48
[Punjab] 
Agriculturists Loans Act, 
1958
49
, or by their sureties as 
security for repayment of such 
advances; 
 
(d) executed by servants of the 
State or their securities to 
secure the due execution of an 
office or the due accounting for 
money or other p roperty 
received by virtue thereof. 
 
58. SETTLEMENT– 
 A–Instrument of (including a deed of power)– 
 
(i) where the settlement is made for a 
religious or  charitable purpose; 
The same duty as on a Bond (No.15) for 
a sum equal to the amount or value of 
the property settled. 
 (ii) in any other case The same duty as is leviable on a 
Conveyance (No.23) for a consideration 
equal to the amount or value of the 
property settled: 
                                                           
46Sind VII of 1879. 
47XIX of 1883. 
48Substituted for the words “West Pakistan” by the Punjab Laws (Adaptation) Order, 1974 (P.O. No. 1 of 1974), w.e.f. 
14.8.1973, Article 2 and the Schedule; and published in the Punjab Gazette (Extraordinary), dated 20.11.1974, pages 1425 -A 
to 1425-PP. 
49W.P. Act XVII of 1958. 
Description of Instrument Proper Stamp-duty 
Provided that, where an agreement to 
settle is stamped with the stamp 
required for an instrument of settlement, 
and an instru ment of settlement in 
pursuance of such agreement is 
subsequently executed, the duty on 
such instrument shall not exceed four 
rupees: 
 Provided further that, where an 
instrument of settlement contains any 
provision fo r the revocation of the 
settlement, the amount or value of the 
property settled shall, for the purposes 
of duty, be determined as if no such 
provisions were contained in the 
instrument. 
EXEMPTIONS 
Deed of dower executed on the occasion of marriage 
between Muslims. 
 
B–Revocation of– 
 
The same duty as is leviable on a 
Conveyance (No.23) for a 
consideration equal to the amount 
or value of the property concerned, 
as set forth in the instrument of 
Revocation but not exceeding fifty 
rupees. 
See also TRUST (No.64).  
59. SHARE WARRANTS to bearer issued under the 
Companies Act, 1913
50
. 
 
One and a half times the duty 
payable on a Debenture [No.27 (b)] 
for a consideration equal to the 
nominal amount of the shares 
specified in the warrant. 
EXEMPTIONS 
 Share warrant when issued by a company in 
pursuance of the Companies Act, 1913
51
, section 30, to 
have effect only upon payment, as composition for that 
duty, to the Collector of Stamp revenue of– 
(a) one and a half per centum of the whole 
subscribed capital of the company; or 
(b) if any company which has paid the said 
duty or composition in full subsequently 
issues an addition to its subscribed 
capital–one and half per centum of the 
additional capital so issued. 
SCRIP–See CERTIFICATE (No.19). 
 
60. SHIPPING ORDER for or r elating to the 
Twenty-five paisa. 
                                                           
50VII of 1913. 
51VII of 1913. 
Description of Instrument Proper Stamp-duty 
conveyance of goods on board of any vessel. 
 
61. SURRENDER OF LEASE– 
 
(a) when the duty with which the lease is 
chargeable does not exceed thirty 
rupees; 
The duty with which least is 
chargeable. 
(b) in any other case 
EXEMPTIONS 
 Surrender of lease, when such lease exempted 
from duty. 
Thirty rupees. 
62. TRANSFER (whether with or without 
consideration)– 
 
(a) of shares in an incorporated company or 
other body corporate; 
One-fourth of the duty payable on a 
Conveyance (No.23) for a consideration 
equal to the value of the share. 
(b) of debentures being marketable 
securities whether the debenture is 
liable to duty or not except debentures 
provided for by section 8; 
One-half of the duty payable on a 
Conveyance (No.23) for a 
consideration equal to the face 
amount of the debenture. 
(c) of any interest secured by a bond, 
mortgage-deed or policy of insurance– 
 
(i) if the duty on such bond, 
mortgage-deed or policy does 
not exceed twenty rupees; 
The duty with which such bond, 
mortgage-deed or policy of 
insurance is chargeable. 
(ii) in any other case Thirty rupees. 
(d) of any property under the Administrator -
General‟s Act, 1913
52
, section 31; 
Thirty rupees. 
(e) of any trust -property without 
consideration from one trustee to 
another trustee or from a trustee to a 
beneficiary. 
EXEMPTIONS 
Transfers by endorsement– 
(a) of a bill of exchange, cheque or 
promissory note; 
(b) of a bill of lading, delivery order, warrant 
for goods, or other mercantile document 
of title to goods; 
Twenty rupee s or such smaller 
amount as may be chargeable 
under clauses (a) to (c) of this 
Article. 
(c) of a policy of insurance; 
(d) of securities of the Central
53
 
Government. 
 
                                                           
52III of 1913. 
Description of Instrument Proper Stamp-duty 
See also section 8– 
63. TRANSFER OF LEASE by way of assignment and 
not by way of under-lease. 
 
The same duty as is leviable on 
Conveyance (No.23) for a 
consideration equal to the amount of 
the consideration for the transfer. 
EXEMPTION 
 Transfer of any lease exempt from duty. 
 
64. TRUST– 
 A. Declaration of –of, or concerning any 
property when made by any writing not being a 
WILL. 
The same duty as on a Bond 
(No.15) for a sum equal to the 
amount or value of the property 
concerned as set forth in the 
instrument but not exceeding thirty 
rupees. 
 B. Revocation of –of, or concerning any 
property when  made by any instrument other 
than a WILL. 
 
The same duty as on a Bond 
(No.15) for a sum equal to the 
amount of value of the property 
concerned as set forth in the 
instrument but not exceeding thirty 
rupees. 
See also SETTLEMENT (No.58). 
VALUATION. See APPRAISEMENT (No.8). 
 
65. WARRANT FOR GOODS , that is to say, any 
instrument evidencing the title of any person 
therein named, or his assigns, or the holder 
thereof, to the property in any goods lying in or 
upon any dock, warehouse or wharf, such 
instrument being signed or certified by or on behalf 
of the person in whose custody such goods may 
be. 
Two rupees. 
 
                                                                                                                                                                                     
53Now „Federal‟  see the Federal Adaptation of Laws Order, 1975 (P.O.  No.4 of 1975), w.e.f.1.8.1975, Article 2 and Table of 
General Adaptations; and published in the Gazette of Pakistan (Extraordinary), pages 435-467.