60. Taxes to be imposed by the Council under this Act
The Council shall for the purposes of this Act, levy the following taxes, namely:—
property tax;
a tax on vehicles and animals;
a theatre-tax;
a tax on advertisements other than advertisements published in the newspapers;
a duty on the transfer of property; and
a tax on buildings payable along with the application for sanction of the building plan.
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:—
an education cess;
a tax on professions, trades, callings and employments;
a tax on the consumption, sale or supply of electricity;
a betterment tax on the increase in urban land values caused by the execution of any development or improvement work;
tolls.
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.