Amendment status not verified — confirm the current text below against the official source.
(1) On and, from the commencement of this Act, all lapds shal I be liable to . . loy mcqt, edumtron paymeat of rural employment, education and production tax assessed jn the manner Pmdup hereinafter prw~ided : tion tax. P~ovidcd that nn y land which is liablt to payment of cers uhder tllc orissa On'ssa Act, ,. Cess Act, 1962 shall not be liable to paymcnt of rural empl9mcnt, education and 11 of 1962. production tax. (2) The rate per year at which such tax shall bc levied shaI1 bc- (0) in thc casc of laud other t h a r ~ mineral-bearing land, Hty percenturn ef the annual value thereof; (b) in the case of a mineral-bearing land in relation to any mificral other thnn coal, Ihe rntc as the S tatc Gover nrncnt may, from time to i;rnc, dctemioe j, respect thereof by rules; and (,I in the casc of a mineral-bearing land in relation to coal, thu rate as speciiied in the Schedule. (3) mc Slate Government may, by notification, amend the Schedule fmm time tirnc so as to enhance or reduce thc rate of tax specified thcrejn : rIovided that every such notification shall, as soon as it is publishr.:!, bc laid bcfor0 the Statc Legi~lgtu~e for a total pcriod of f0urte.cn days which may be ornprised in one or more sessions: (4) The rata of tak that may either be determined under clauaa (b)' of rub-action (2) or enhamid or rbduccd by amkdment d tho '~ohedulc under ; , eubsectioa (3). shall be so determined or, p.s the case may 6e, enbanced or reducd, that the rate f i ~ e r l in case of any mineral-blaring land ia rclation t o a mineral does :lot exceed the average annual i~aom.: FCJ.P A I tLe mineral-bearing lands in the State in relation to that mineral during the two consecutive years immediately precedinc the year in which the rat: is so limd.