Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provisions of sub-section (3), a tax (hereinafter tax. referred to as the land tax) shall be levied by the State Government for every financial year upon the quantity of retained land owned by a person in one or more of the urban agglomerations and collected from such person at such rates and in such manner as hereinafter provided: Provided that no land tax shall be levied on such quantity of retained land owned by a person in an urban agglomeration, not being less than 200 square metres, as may be specified by the State Government by notification in the Official Gazette, and different quantities of retained land may be notified for this purpose for different urban agglomerations. (2) The land tax shall be levied at the following rates, namely:— (i) in urban agglomeration of category A—at the rate of rupee one per annum per square metre for the first three hundred square metres, and rupees two per annum per square metre for the remaning quantity of retained land; (ii) in urban agglomeration of category B—at the rate of fifty paise per annum per square metre for the first six hundred square metres, and rupee one per annum per square metre for the remaning quantity of retained land; (iii) in urban agglomeration of category C—at the rate of fifty paise per annum per square metre of the retained land; (iv) in urban agglomeration of category B—at the rate of thirty-five paise per annum per square metre of the retained land. 20 The West Bengal Urban Land Taxation Act, 1976. VIII of 1976.] (Chapter IL—Land taxes.—Section 4.) (3) Notwithstanding anything contained in sub-section (1) or sub- section (2), no land tax shall be leviable in respect of any retained land for a period of three financial years commencing from the first day of April, 1976.