[Cites 0, Cited by 2]
[Section 129]
[Entire Act]
State of Maharashtra - Subsection
Section 129(2) in The Maharashtra Municipal Corporations Act, 1949
| **//Period(1)//** | **//Amount of General Tax(2)//** |
| 1. Period from the date of inclusion of the area in the[larger urban area]() upto and inclusive of the 31st March [[of thesecond year]]() following the year in which the area is included inthe [larger urban area]() | [[The amount calculated at the rate of tax on lands andbuildings payable in the area immediately before its inclusion inthe ]()[larger urban area]() under clause (i) of sub-section (1) ofsection 124 of the Bombay Village Panchayats Act, 1958 or clause(e) of sub-section (1) of section 157 of the Maharashtra //ZillaParishads// and Panchayat Samitis Act, 1961, as the case may be(hereinafter in this Table referred to as "the amount of taxpayable in the Zilla Parishad area".] |
| 2.Period of one year following the period referred to in entry1. | [20 per cent]() of the amount of general tax payable in the[larger urban area]() or the amount of tax payable in the //ZillaParishad// area, whichever is more. |
| 3. Period of one year following the period referred to inentry 2. | [40 per cent]() of the amount of general tax payable in the[larger urban area]() or the amount of tax payable in the //ZillaParishad// area, whichever is more. |
| 4. Period of one year following the period referred to inentry 3. | [60 per cent]() of the amount of the general tax payable in the[larger urban area]() or the amount of tax payable in the //ZillaParishad// area, whichever is more. |
| [5. Period of one year following the period referred to in entry 4.]() | 80 per cent of the amount of general tax payable in the [larger urban area]() or the amount of tax payable in the Zilla Parishad area, whichever is more. |
| 6. Any period after the expiry of the period referred to in entry 5. | The same amount of general tax as in force and payable in the remaining area of the [larger urban area](). |