Section 21Amendment of the East Pakistan Finance Act, 1966 (III of 1966)

s. 21

21. Amendment of the East Pakistan Finance Act, 1966 (III of 1966) 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%