Finance Act: frequently asked questions
Common questions about the Finance Act, answered from the documents published on this site. Every answer points to where the text can be read.
What is the Finance Act?
The Finance Act is primary legislation published by the Federal Board of Revenue. This site holds 9 published versions of it, from 2018-06-30 to 2024-06-30. The most recent version here runs to 89 pages.
How many sections does the Finance Act have?
The most recent version on this site contains 14 sections. Numbering is not continuous, because new provisions are inserted with letter suffixes such as 3A or 195C rather than renumbering the whole instrument.
Where can I download the official Finance Act PDF?
The official file is published by FBR. This site links directly to it on every version page, and records the file name, page count and a SHA-256 checksum so you can confirm you have the same document.
Which version of the Finance Act is current?
The most recent version published here is consolidated to 2024-06-30. FBR issues new consolidations periodically, so check the FBR listing before relying on it for anything time sensitive.
Can I see older versions of the Finance Act?
Yes. All 9 versions are published, each on its own page with its own section list. That makes it possible to see what a provision said on a given date rather than only what it says now.
What is section 1 of the Finance Act?
Section 1 is titled “Short title and commencement”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 2 of the Finance Act?
Section 2 is titled “Amendments of the Stamp Act, 1899 (II of 1899)”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 4 of the Finance Act?
Section 4 is titled “Amendments of the Customs Act, 1969 (IV of 1969)”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 6 of the Finance Act?
Section 6 is titled “Amendment of the Abandoned Properties (Management) Act, 1975 (XX of 1975)”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 7 of the Finance Act?
Section 7 is titled “Amendments of the Sales Tax Act, 1990”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 8 of the Finance Act?
Section 8 is titled “Amendments of The Income Tax Ordinance, 2001 (XLIX of 2001)”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 9 of the Finance Act?
Section 9 is titled “Amendments of the Federal Excise Act, 2005”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 10 of the Finance Act?
Section 10 is titled “Amendments of The Federal Board of Revenue Act, 2007 (IV of 2007)”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 11 of the Finance Act?
Section 11 is titled “Amendment of the Public Finance Management Act, 2019”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.
What is section 11E of the Finance Act?
Section 11E is titled “Assessment of tax and recovery of tax not levied or short levied or erroneously refunded”. The full text as it appears in the 2024-06-30 version is on this site, reproduced from the official PDF.