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Section 36: Amendment of schedule IV

The Karnataka Gram Swaraj and Panchayat Raj (Amendment) Ordinance, 2020State Ordinance of Karnataka · No. 14 of 1993

In the schedule IV of the Principal Act,-

(i) under the heading ‘A Tax on building’ in item (ii), for the entries in column (3), the following shall be substituted, namely:- “

(ii) after the entries relating to “B. Vacant land measuring” the following shall be inserted, namely:- VAJUBHAI VALA GOVERNOR OF KARNATAKA By order and in the name of the Governor of Karnataka, (K. DWARAKANATH BABU) Secretary to Government Department of Parliamentary Affairs and Legislation.

“(a) Small Scale Industry - 0.40 percent

(b) Medium Scale Industry - 0.50 percent

(c) Large Scale Industries - 0.60 percent on the capital value of the property

(1) Run way area of an Airport - 0.10 percent on the Capital value of the property

(b) In case of vacant Land in Airport or Industrial area where plantations are grown - No tax ”

Where this provision sits

ActThe Karnataka Gram Swaraj and Panchayat Raj (Amendment) Ordinance, 2020
Section36
Marginal noteAmendment of schedule IV
JurisdictionState of Karnataka
StatusIn force as published by the source

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