| (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. |