PUNJAB FINANCE ORDINANCE 2002

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THE PUNJAB FINANCE ORDINANCE, 2002 
(XXXVII of 2002) 
CONTENTS 
1. Short title, extent and commencement 
2. Amendment of Act II of 1899 
3. Amendment of Act V of 1958 
4. Amendment of Act XXXII of 1958 
5. Amendment of Ordinance XIX of 1965 
6. Amendment of Act XIV of 1973 
7. Amendment of Act XV of 1977 
TEXT 
1
THE PUNJAB FINANCE ORDINANCE, 2002 
(XXXVII of 2002) 
[25th June, 2002]  
An 
Ordinance 
to rationalize certain taxes, fees and duties in the Province of the Punjab. 
Whereas it is expedient to rationalize certain taxes, fees and duties in the 
Province of the Punjab in the interest of equality and efficiency; 
 And whereas the Provincial Assembly of the Punjab is dissolved and the 
Governor is satisfied that circumstances exist which render it necessary to take 
immediate action; 
 And whereas under Article 4 of the Provisional Constitution (Amendme nt) 
Order No. 9 of 1999, as amended by Chief Executive ’s Order No. 11 of 2000, the 
Governor of a Province may issue and promulgate an Ordinance; 
 Now, therefore,  in exercise of the aforesaid powers and all other powers 
enabling him in that behalf, the Gove rnor of the Punjab is pleased to make and 
promulgate the following Ordinance:– 
1. Short title, extent and commencement .– (1) This Ordinance may be called 
the Punjab Finance Ordinance, 2002. 
 (2) It shall extend to the whole of the Punjab. 
 (3) It shall come into force on the 1st day of July, 2002. 
2. Amendment of Act II of 1899 .– In the Stamp Act, 1899 (II of 1899), in 
Schedule I, in Articles 10 and 39 the words “five thousand” wherever occurring shall 
be substituted by the words “four thousand”.  
3. Amendment of Act V of 1958 .– In the Punjab Urban Immovable Property 
Tax Act, 1958 (V of 1958)− 
(i) in section 3, sub -section (4) shall be deleted and sub -sections (5), (6), 
(7) and (8) shall be renumbered as (3), (4), (5) and (6) respectively; 
and 
(ii) in section 4, for clause (b), the following shall be substituted:– 
“(b) buildings and la nds other than those leased in perpetuity 
owned and administered by the Government of the Punjab or a 
                                                           
1Promulgated by the Governor of the Punjab on 25 June 2002; and published in the Punjab Gazette (Extraordinary), dated 25 
June 2002, pages 2023 -2027. Under Article 4 of the Provisional Constitution (Amendment) Order 1999 (9 of 1999), it will 
remain in force notwithstanding the maximum limit of three months prescribed under Article 128 of the Constitution of the 
Islamic Republic of Pakistan. 
local government as defined in section 2 clause (xvi) of the 
Punjab Local Government Ordinance, 2001 (XIII of 2001);”. 
4. Amendment of Act XXXII of 1958 .– In the Punjab Motor Vehicles Taxation 
Act, 1958 (XXXII of 1958), in the Schedule− 
(i) in serial number 2, in column 3 of clause (b), for the figure “800/ -”, the 
figure “1000/-” shall be substituted; and  
(ii) in serial number 4, in sub -clauses (i) and (ii ) of clause (b), for the 
figures “550/ - and “1000/ -, the figures “600/ -” and “1200/ -” shall 
respectively be substituted. 
5. Amendment of Ordinance XIX of 1965 .– In the Punjab Motor Vehicles 
Ordinance, 1965 (XIX of 1965), in section 2 clause 23, after the w ord an comma 
“trailer,” the following shall be inserted:– 
“a combined harvester, a rig, a fork lifter, a road roller, construction and earth 
moving machinery such as a wheel loader, a crane , an excavator, a grader, a 
dozer and a pipe layer, a road making and a road/sewerage cleaning plant,”. 
6. Amendment of Act XIV of 1973 .– In the Punjab Finance Act, 1973 (XIV of 
1973)− 
(1) In the Second Schedule− 
(i) in serial number 6, in column 3, for the figure “50.00”, the figure 
“100.00” shall be substituted; 
(ii) for serial numbers 7, 8 and 9 and the entries against them, the 
following shall be substituted:− 
 “7. Fee for duplicate certificate on loss or destruction of− 
(a) certificate of registration of a transport 
vehicle, under sub-rule (2) of Rule 38. Rs.200.00 
(b) certificate of fitness of a transport 
vehicle, under sub-rule (2) of Rule 38. 
Rs.100.00 
 8. Fee for duplicate certificate of a defaced or torn− 
(a) certificate of registration of a transport 
vehicle, under sub-rule (2) of Rule 39. 
Rs.200.00 
(b) certificate of fitness of a transport 
vehicle, under sub-rule (2) of Rule 39. 
Rs.100.00 
9. Registration fee under rule 42 shall be charged at the 
following rates:− 
(a) Motorcycles/Scooters, Tractors and 
 Trucks/Buses/Pickups/Rickshaws/ 
 Taxis 
1% of the 
value of the 
vehicle. 
(b) Combined Harvesters, Rigs, Fork 
Lifters, Road Rollers, construction and 
earth moving machinery such as 
Rs.300.00 
Wheel Loaders, Cranes, Excavators, 
Graders, Dozers and Pipe Layers, 
Road Making and Road/Sewerage 
Cleaning Plants. 
 (c) Other vehicles with engine power− 
(i) not exceeding 1000 cc. 1% of the 
value of the 
vehicle. 
(ii) exceeding 1000 cc but not 
exceeding 2000 cc. 
2% of the 
value of the 
value of the 
vehicle. 
(iii) exceeding 2000 cc. 4% of the 
value of the 
vehicle. 
 Provided that− 
(i) vehicles meant for the invalid, ambulances and vehicles designed to be 
exclusively used to carry the dead shall be charged at the rate of 
Rs.100/-; and 
(ii) temporary registration of any vehicle shall be charged at the rate of 
Rs.200/-.”. 
(iii) for serial number 10 and the entry against it the following shall be 
substituted:− 
“10. Fee for transfer of ownership of a motor vehicle under sub rule 
(1) of rule 47 shall be charged at the following rates:− 
(a) a motorcycle, a scooter and an invalid 
carriage or a trailer not having more than 
two wheels and not weighing more than 
one ton in unladen weight; 
Rs.100.00 
(b) a heavy transport vehicle; Rs.4,000.00 
(c) any other vehicle− 
(i) with engine capacity up to 1000 cc 
 
Rs.1,000.00 
(ii) with engine capacity exceeding 1000 
cc 
Rs.1,500.00” 
(iv) after serial 10, the following new serial numbers 11 and 12 shall be 
added:− 
“11. Fee for issuance of a copy of record of part 
thereof including miscellaneous 
certificates/orders relating to record maintained 
under rule 44. 
Rs.20.00 per 
copy 
12. Fee for endorsement of Hire Purchase 
Agreement of a vehicle under rule 46− 
 
(i) a motorcycle/scooter Rs.100.00 
(ii) a heavy transport vehicle; and Rs.4,000.00 
(iii) any other vehicle.  
a)  with engine capacity upto 1000 cc Rs.1,000.00 
b) with engine capacity exceeding 
1000 cc 
Rs.1,500.00.” 
 (2) In the Sixth Schedule, in serial number 9, in column 3, for the words, 
figure and letters “if paid  by 31st March”, the words “to be paid within the prescribed 
period” shall be substituted. 
7. Amendment of Act XV of 1977 .– In the Punjab Finance Act, 1977 (XV of 
1977), in the Second Schedule in serial number 6− 
(i) after clause (v), the following new clause (vi) shall be added:− 
“(vi) Lawyers Rs.1,000/-“; 
(ii) clause (vi), (vii) and (viii)  shall be renumbered as (vii), (viii) and (ix) 
respectively; 
(iii) for the renumbered clause (vii) and the entries against it, the following 
shall be substituted, namely:− 
“(vii)(a) Members of Stock Exchanges Rs.5,000/- 
(b) money changers−  
(i) within Metropolitan 
and Municipal 
Corporations limits 
Rs.3,000/- 
(ii) others Rs.1,000/- 
(c) Motorcycle/scooter dealers−  
(i) within Metropolitan 
and Municipal 
Corporations limits 
Rs.5,000/- 
(ii) others Rs.3,000/- 
(d) Motor car dealers and real 
estate agents− 
 
(i) within Metropolitan 
and Municipal 
Corporations limits 
Rs.10,000/- 
 (ii) others Rs.5,000/- 
(e) Recruiting agents−  
(i) within Metropolitan 
and Municipal 
Corporations limits 
Rs.10,000/- 
 (ii) others Rs.5,000/-.”. 
(iv) after the renumbered clause (i x), a new clause (x) shall be added, 
namely:− 
“(x) jewelers, departmental stores, electronic 
goods stores, cable operators, printing 
presses and pesticide dealers 
Rs.1,000/-
.”.