AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Pakistan Print 2019-10-21

Tourism Bill, 2019: KP government can notify any area as integrated tourism zone

The provincial government of Khyber Pakhtunkhwa on the recommendation of Provincial Tourism Strategy Board (PTSB) can notify to declare any area within the province as an 'Integrated Tourism Zone' to deal it in accordance with the provisions of KP Tourism
Published October 21, 2019

The provincial government of Khyber Pakhtunkhwa on the recommendation of Provincial Tourism Strategy Board (PTSB) can notify to declare any area within the province as an 'Integrated Tourism Zone' to deal it in accordance with the provisions of KP Tourism Bill, 2019.

In order to incentivise investment in integrated tourism zones, the government may, through notification in the official gazette, except any businesses or class of businesses from any of the provincial taxes or levies to such extent and for such terms and under such conditions as may be determined by the government.

The bill has also already been passed by the provincial legislature and now it is awaiting assent of the KP Governor that would be followed by its publication in official gazette as legislative Act.

Under the same legislation, the provincial government is also going to establish a Culture and Tourism Authority to promote, preserve and revive culture heritage, cultural traditions, values, festivals and dialects; formulate guidelines and prescribed measures for sustainable tourism, regulate tourism products, promote the culture and religious heritage, register, license and grade all hotels and other tourism related affairs.

After the notification of any area as integrated tourism zone eight different provincial laws lost jurisdiction in the concerned area. Such laws are included KP Urban Immovable Property Tax Act 1958, KP River Protection Ordinance, 2002, KP Forest

Ordinance, 2002, provisions to be notified by government time to time under the KP Local Government Act, 2013, KP Environmental Protection Act, 2014 KP Wildlife and Bio-diversity (Protection, Preservation, Conservation and Management Act, 2015 and KP Mineral Sector Governance Act, 2017.

Copyright Business Recorder, 2019

Comments

Comments are closed.