Amendment status not verified — confirm the current text below against the official source.
All educational institutions, other than the primary, secondary or higher secondary schools referred to in sub-section (2) of section 113, owned or sponsored by the Government, shall be exempted from property tax: Provided that the Corporation may impose a service charge, not exceeding five per cent. of the annual valuation of lands and buildings of such educational institutions, for providing civic services to such educational institutions. Exemption of holding exclusively used for public worship etc. 64 THE KOLKATA GAZETTE, EXTRAORDINARY, MAY 29, 2008 [PART III The West Bengal Municipal Corporation Act, 2006. (Part V.—Chapter 1X.—Municipal Taxation.— B. Rating and valuation.—Sections 115-119.) Exemption of properties of ex- serviceman. Power to reduce property tax in case of excessive hardship. Remission on account of vacant holding. Exemption of holding of low valuation. Determination of annual valuation.