| (1)
|
The
Council shall for the purposes of this Act, levy the following taxes,
namely: - |
|
| (a)
|
property
tax; |
| (b)
|
a
tax on vehicles and animals; |
| (c)
|
a
theatre-tax; |
| (d)
|
a
tax on advertisements other than advertisements published
in the newspapers; |
| (e)
|
a
duty on the transfer of property; and |
| (f)
|
a
tax on buildings payable along with the application for sanction
of the building plan. |
|
| (2)
|
In addition to the taxes specified in sub-section
(1) the Council may, for the purposes of this Act; levy any of
the following taxes, namely:-
|
|
| (a) |
an
education cess; |
| (b) |
a
tax on professions, trades, callings, and employments; |
| (c) |
a
tax on the consumption, sale or supply of electricity; |
| (d) |
a betterment tax on the increase in urban
land values caused by the execution of any development or
improvement work;
|
| (e) |
tolls.
|
|
| (3)
|
The taxes specified in sub-section (1) and sub-section (2) shall
be levied, assessed and collected in accordance with the provisions
of this Act and the bye-laws made thereunder. |