Amendment status not verified — confirm the current text below against the official source.
3. (1) There shall save as hereinafter provided, be charged, levied and paid for each agricultural year, on the annual value of each land holding a tax, hereinafter called the "Holding Tax" at the rates specified in the Schedule; Provided that no such as shall be charged on any land holding the area whereof does not exceed thirty acres; (2) The State Government may, by notification in the official Gazette, exempt or remit in whole or in part, for such period as it may think fit and as often as it may consider necessary, the holding tax chargeable under sub-sertion (1) in respect of any class of classes of land holdings as may be prescribed. (3) For the purposes of computing the area of land under the provison to subsection (1) the land covered by building with the area appurtenant thereto, but not exceeding five acres shall be excluded.