PUNJAB FINANCE ORDINANCE, 1981

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THE PUNJAB FINANCE ORDINANCE, 1981  
(XIII of 1981) 
CONTENTS 
1. Short title, extent and commencement 
2. Amendment of the Punjab Urban Immovable Property Tax Act, 1958 
(W.P. Act No. V of 1958) 
3. Amendment of the Punjab Entertainments Duty Act, 1958 (W.P. Act X of 
1958) 
4. Amendment of the Punjab Motor Vehicles Taxation Act, 1958 (W.P. Act 
No. XXXII of 1958) 
TEXT 
1
THE PUNJAB FINANCE ORDINANCE, 1981  
(XIII of 1981) 
[30th June, 1981] 
An 
Ordinance 
to streamline the rates of certain taxes and duties in the Province of the Punjab 
Preamble.– WHEREAS it is expedient to streamline the rates of certain taxes and 
duties in the Province of the Punjab; 
 NOW, THEREFORE,  in pursua nce of the Proclamation of fifth day of July, 
1977, read with the Laws (Continuance in Force) Order, 1977 (CMLA Order No.1 of 
1977), and the Provisional Constitution Order, 1981 (CMLA Order No. 1 of 1981), the 
Governor 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, 1981. 
 (2) It shall extend to the Province of the Punjab. 
 (3) It shall come into force on the 1st day of July, 1981. 
2. Amendment of the Punjab Urban Immovable Property Tax Act, 1958 
(W.P. Act No. V of 1958) .– In the Punjab Urban Immovable Property Tax Act, 1958 
(W.P. Act V of 1958),– 
(a) in section 3, in sub -section (2), the full -stop occurring at the end shall 
be r eplaced by a colon and thereafter the following proviso shall be 
added:– 
“Provided that in respect of owner occupied residential properties 
brought on the valuation list after the first day of July, 1981 as a result of 
preparation of a valuation list under  section 7 or amendment thereof 
under section 9, as the case may be, the rate of tax shall be twelve and 
a half per cent of the tax payable.”; 
(b) in section 4,– 
(i) in clause (c), in sub -clause (i) for the words “four hundred and 
thirty-two”, the words “s ix hundred and forty -eight” shall be 
substituted; 
(ii) clause (g) shall be substituted by the following:– 
“(g) one residential house owned by a widow, a disabled 
person or minor whose father is dead: 
                                                                 
1This Ordinance w as promulgated by the Governor of the Punjab on 30th June, 1 981; and, published in the Punjab Gazette, 
(Extraordinary), dated 30th June, 1981, pages 489-A to 489-C. 
Provided that where such a person owns more than one 
residential building in the same or any other rating area, 
the exemption shall be admissible to one of such houses 
of his choice. 
Explanation– Disabled person means a person who is permanently incapacitated to 
earn his livelihood.”; and 
(iii) after clause (g), the following clause (h) shall be added:– 
“(h) all houses planned and constructed for residential purposes only 
and actually and exclusively being used for residential purposes: 
Provided that such exemption shall be admissible in the 
case of such houses only as are brought on the valuation list on 
or after the first day of July, 1981 and shall be available for a 
period of the first three years after such houses are brought on 
the valuation list.” 
3. Amendment of the Punjab Entertainments Duty Act, 1958 (W .P. Act X of 
1958).– In the Punjab Entertainments Duty Act, 1958 (W.P. Act X of 1958),– 
(a) in section 2, in clause (d) the comma occurring after the word 
“performance” shall be replaced by the word “or” and the comma and 
the word “amusement”  shall be del eted; and 
(b) in section 3, in sub -section (1), the full-stop occurring at the end of the 
second proviso shall be replaced by a colon and thereafter the 
following new proviso shall be added:– 
“Provided further that where the entertainment is a stage drama,  the 
duty shall be levied at fifty per cent of the duty payable under this 
section.” 
4. Amendment of the Punjab Motor Vehicles Taxation Act, 1958 (W.P. Act 
No. XXXII of 1958) .– In the Punjab Motor Vehicles Taxation Act, 1958 (W.P. Act 
XXXII of 1958), in the Schedule, for the entries against Serial No. 3 (c), the following 
shall be substituted:– 
“Motor Vehicles with a seating capacity of more than 20 persons plying for 
hire exclusively within the limits of a Corporation, Municipality or Cantonment 
or partly within and partly outside such limits with sixty per cent of the total 
length of the route falling within the limits of a Corporation, Municipality or 
Cantonment 88.00 per seat.”