The Mizoram Revenue Assessment (Amendment) Act, 1992, is a fiscal statute that updates the tax and fee structure for land, buildings, and commercial activities in Mizoram. It amends the Lushai Hills District (Revenue Assessment) Regulation, 1953, by establishing specific monetary rates for annual shop and stall taxes, building taxes, and land allotment premiums. The Act applies to shopkeepers, stall owners, and landholders, including those engaged in agriculture and animal husbandry. It serves as a regulatory framework for the state government to collect revenue from property and commercial usage, ensuring that tax obligations are clearly defined for citizens and businesses.
Official Legislative Text
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