Section 2. continued

PART III.— 1886.] License-tax Amendment. 49 (The Second Schedule.—Sources of Income and Rates of Tax.) THE SECOND SCHEDULE—continued. | First column. | Second column. | | --- | --- | | Source of Income. | Rate of Tax. | THE SECOND SCHEDULE. 48 License-tax Amendment. [ACT II (The Second Schedule.—Sources of Income and Rates of Tax.) SOURCES OF INCOME AND RATES OF TAX. (See section 4.) THE SECOND SCHEDULE. SOURCES OF INCOME AND RATES OF TAX. (See section 4.) | First column. | Second column. | | --- | --- | | Source of Income. | Rate of Tax. | 2. Any salary, annuity, pension or gratuity paid by the Government, or by a local authority established in the exercise of the powers of the Governor General in Council in that behalf, to or on behalf of a British subject within the dominions of a Prince or State in India in alliance with Her Majesty. (a) If the income amounts to Rs. 2,000 per annum, or Rs. 166-10-8 per mensem, or upwards—five pies in the rupee. (b) If the income is less than Rs. 2,000 per annum, or Rs. 166-10-8 per mensem,—four pies in the rupee.