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MGM CORPORATION (PVT.) LIMITED versus PROVINCE OF PUNJAB


Punjab Finance Act 1977 Section 3, Schedule II Punjab Finance Act (IX of 1999) Constitution of Pakistan (1973), Arts 25 and 1991 Constitutional application is not compatible with companies on the basis of their paid capital rating and charging schedule. ? There was no contradiction between the Punjab Finance Act, 1977 charging section and Schedule II of the Punjab Finance Act 1977 as the taxpayer rates by different segments and the companies involved were listed under the provisions of the Equality Clause. In Article 25 of the Constitution, rational classification was not forbidden, though it required that all persons should be treated equally so that it was rational to classify companies based on the amount of money paid and for that purpose. Was in acquisition for which the tax was levied. Imposed

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