Amendment status not verified — confirm the current text below against the official source.
(1) (i) For the purposes of this Act, the Corporation shall impose the following taxes, namely:- (a) taxes on lands and buildings; (b) octroi; (c) taxes on vehicles; Taxes to be imposed under this Act. 180 [Act No. II of 1956] (d) taxes on animals and boats; 240[(e) [XXX]] 241[(f) [XXX]] (g) a tax on transfer of immovable property. (ii) In addition to the taxes specified in clause (i) the Corporation may for the purposes of this Act and subject to the provisions thereof also impose any of the following taxes:- (a) taxes on entertainments; 242[(b) [XXX]] (2) The Corporation may impose any tax other than those specified under sub-section (1) subject to the previous sanction of the Government. (3) The taxes specified in sub-sections (1) and (2) shall be assessed and levied in accordance with the provisions of this Act and rules made thereunder. 243[197-A. The provisions relating to the State Property Tax Board constituted under sub-section (1) of section 85-A of the Telangana Municipalities Act, 1965 shall mutatis mutandis applicable, subject to variation that for the word ―Municipalities‖ the words ―Greater Hyderabad Municipal Corporation‖ and for the words ―Other Municipalities in the District‖ the words ―Other Municipal Corporations in the State‖ shall be substituted.]