This Budget Brief 2016 contains amendments of Khyber Pakhtunkhwa Finance Bill 2016 as it relates to Khyber Pakhtunkhwa Finance Act, 2013; Stamp Act, 1899; West Pakistan Urban Immovable Property Tax Act, 1958; West Pakistan Motor Vehicles Taxation Act, 1958; West Pakistan Act, 1964; West Pakistan Motor Vehicles Ordinance, 1965; Khyber Pakhtunkhwa Finance Act, 1990; and Khyber Pakhtunkhwa Local Government Act, 2013.
The provisions of the Khyber Pakhtunkhwa Finance Bill 2016 are generally applicable from 01 July 2016, unless otherwise specified.
This Memorandum contains the comments, which represent our interpretation of the legislation, and we recommend that while considering their application to any particular case, reference be made to the specific wordings of the relevant statutes.
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