State Act

THE KARNATAKA MUNICIPAL CORPORATIONS ACT, 1976.

103. Taxes which may be imposed.- Subject to the general or special orders of Government, a corporation shall,- 1[(a) [xxx] ]1 (b)1[at rates not exceeding those specified in this Act]1 levy any one or more of the following taxes 2[or fee]2:- (i) a tax on 1[buildings or vacant land or both]1 situated within the city (hereinafter referred to as the property tax); 1[(ii) (iii)x x x]1 1[(iv) x x x]1 1[(v) xxx ]1 (vi) a tax 1[or fee]1 on advertisement; (vii) a duty on certain transfers of property in the shape of an additional stamp duty; 1[(viii) x x x]1 1[(ix) x x x]1 1[Proviso x x x]1