The Government of Punjab on April 30, 2023, issued a notification regarding the Department of Finance (Finance Expenditure-IV Branch), Notifications No. S.O.25/P.A.8/2002/Ss.25 and 25-A/2023, dated the 28th February, 2023 and No. S.O.31/P.A.8/2002/Ss.25 and 25-A/2023, dated April 06, 2023, and in the exercise of the powers conferred by sub-section (1) of section 25 and section 25-A of the Punjab Infrastructure (Development and Regulation) Act, 2002.
The Governor of Punjab is pleased to direct that-
(i) a fee at the rate of rupee one for every hundred rupees; and
(ii) a Special Infrastructure Development fee at the rate of rupee 0.25 for every hundred rupees,
of the value of purchase of any immovable property within the State of Punjab, shall, respectively, not be levied up to 15th May, 2023.
[Notification No. S.O. 33/P.A.8/2002/Ss. 25 and 25-A/2023]
