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Rs 100 Stamp Duty on sale, transfer of registered vehicles abolished

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The 25th meeting of the Cabinet Committee on Legislative Business held at the Civil Secretariat on Thursday under the chairmanship of Provincial Minister for Law, Parliamentary Affairs and Social Welfare Raja Basharat.
The meeting was also attended by Senior Member Board of Revenue, Secretary Law and Secretaries of relevant departments. Proposals for legislative amendments on 9 points were tabled before the Cabinet Committee.
The committee approved proposals presented by Board of Revenue regarding reduction in stamp duty and amendment in West Pakistan Board of Revenue Conduct of Appeals Rules 1959. Proposal for enhancement in powers of commissioner in respect of revision appeals against collector’s order regarding refund of stamp papers was given go ahead.
It was agreed to abolish the stamp duty of Rs 100 on sale or transfer of registered vehicles and to delete it from respective provision of the Stamp Act, 1899.
Moreover, Cabinet Committee allowed Punjab government to spend the surplus funds available with the Punjab Cooperative Liquidation Board as per desired.
Establishment of Basic Health Unit Uthwal District Chakwal and appointment of chairman of Punjab Quran Board was postponed for further consideration

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