Amendment status not verified — confirm the current text below against the official source.
NOTIFICATION OF NEW TAXES.— Where a Council determines under section 231 to levy any tax for the first time or at a new rate, the Secretary shall forthwith publish in the prescribed manner the rate at which , the date from which and the period of levy, if any, for which such tax shall be levied. Minimum rates Town Municipal Municipal Panchayat Council Corporation (i) Tax for general purposes 50[4%] 5% 52[6%] (ii) Lighting tax 50[1%] 2% 2% (iii) Drainage tax 2% (iv) Water tax 1% (v) Sanitary tax 1% 51 [2%] 52[2%] Provided further that where water tax and drainage tax are levied, the Council shall declare what proportion of tax is levied in respect of water works and the remainder shall be deemed to be levied in respect of drainage works and the proportion so declared shall also be specified in the notification under section 232. 32A[(4)THE Municipal Council shall in the case of land used exclusively for agricultural purposes and which is more than one hectare in extent, levy, these taxes on its annual value, excluding one hectare therefrom, at such percentage as may be fixed by it: