Classification of municipal area for the purpose of taxation

Classification of municipal area for the purpose of taxation:

1. (1) The State Government may, for the purpose of fixing property tax, classify the municipal area into such number of grades as it may, by a notification, determine, and fix rate of property tax for each grade.
2. (2) The rate of same class of property tax under this section need not be uniform for all grades, and different rates may be fixed for different grades.