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[Section Index]

The Finance Order, 1972 (President's Order)

( ACT NO. 77 Of 1972 )

[ 30th June, 1972 ]

Amendment of the East Pakistan Finance Act, 1966 (III of 1966)
21. In the East Pakistan Finance Act, 1966 (III of 1966), in section 5, for sub-section (3), the following shall be substituted, namely:-
 
 
“(3) The tax shall be levied according to the scale specified below:-

Amount of capital gain.

 

Rate of tax.

         For the first Taka 3,000

...    ...

Nil

         For the next Taka 2,000

...    ...

5%

         For the next Taka 5,000

...    ...

7%

         For the next Taka 10,000

...    ...

9%

         For the next Taka 10,000

...    ...

12%

         For the next Taka 20,000

...    ...

15%

         For the next Taka 20,000

...    ...

20%

         For the balance  ...

...    ...

30%
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