Indian Tramways Act : Power to exempt from municipal taxation. Indian Bare Acts :

Indian Tramways Act,1886

Act No : 11

Section : Power to exempt from municipal taxation.

44. Power to exempt from municipal taxation. When a tramway is constructed under this Act within the limits of a municipality, the State Government may exempt the animals, plant, rolling-stocks, yards, workshops, engine-sheds, 1*[electrical generating stations or sub- stations] and depots of the promoter, lessee or licensee, for such period as it thinks fit, from all or any municipal taxes leviable within those limits.