GENERAL KNOWLEDGE

Detailed explanation-1: -in any enactment for the time being in force, the State Government may by an order in writing prohibit the levy by a Municipal Committee of any specified tax payable by the State Government and may by a like order rescind any such prohibition.]

Detailed explanation-2: -It is an annual charge levied by the Government of India on property owners. This tax is collected by the local government or the Municipal Corporation, whoever is authorised to do so in a given state. Here, the term ‘property’ refers to land and improvements made to the same.

Detailed explanation-3: -The municipal corporation assesses and imposes the property tax annually or semi annually. The amount is generally based on construction, area, property size etc. It also compromises lighting tax, water tax and drainage tax.