Urban land definition expanded to include specified peri-urban distances, with exclusions and census-based population rule effective from 2014. The amendment redefines urban land in clause (b) of Explanation 1 to section 2 of the Wealth-tax Act by treating land within specified aerial distances from municipal or cantonment local limits as urban depending on population bands, excluding land where construction is legally prohibited, land with approved construction, industrial land held for two years post-acquisition, and land held as stock-in-trade for ten years; 'population' means the last preceding published census figure; effective 1 April 2014 for Assessment Year 2014-15 onward.