Panchayat:Repo18/Law Manual Page0250
Note = For the purpose of this section "plinth area" means, in the case of a singlestoreyed building, the area of its floor level (including the thickness of the wall) of the portion having roof and in the case of a multi-storeyed building with or without cellarstorey, the total area of such floor level (including the thickness of the wall but excluding the open terrace portion) of each storey of the building.
(3) The respective Village Panchayat shall, subject to the limit fixed by the Government in accordance with the category of buildings referred to in sub-section (2), fix after complying with procedure prescribed, the basic rates of property tax (in whole number) to be made applicable to each category of buildings, situated in the area of Village Panchayat on a scale of one square meter plinth area. The rates of basic property tax for all buildings of same category or its sub-categories, as the case may be, shall be the same throughout the area of the Village Panchayat.
[(4) The limits of rates of basic property tax fixed by the Government under subsection (2) and the rates of basic property tax once determined by the Village Panchayat subject thereto under sub-section (3) shall be in force for five years from the date on