(b)is in receipt of any [* * *] [Omitted vide Orissa Act No. 16 of 1968 w.e.f. 1.8.1968.] income from investments residing in the Municipality area for not less than sixty days in the aggregate, shall pay to the Municipality a half-yearly tax at such rates, as may be prescribed, subject to the maximum of one hundred and twenty-five rupees per year :