The Urban Immovable Property Tax (Abolition) and General Tax (Increase of Maximum Rate) Act, 1962

(1) This Act may be called the Urban Immovable Property Tax (Abolition) and General Tax (Increase of Maximum Rate) Act, 1962. (2) It extends to the whole of the State of Maharashtra.

From the date of the commencement of this Act, the urban immovable property tax shall, subject to the provisions of this Act, cease to be levied and collected, and the Bombay Urban Immovable Property Tax (Abolition) Act, 1958, is hereby repealed.

In the Bombay Provincial Municipal Corporations Act, 1949, in sub-section (1) of section 129, for the words "fourteen per cent.", the words "seventeen per cent." shall be substituted.

The Bombay Urban Immovable Property Tax (Abolition) Act, 1958, is hereby repealed.