India : Urban Property Taxes in Selected States

Property taxation has a long been a vexing issue in India, and continue to be. India faces a major structural problem with its property tax systems, resulting from the failure to resolve conflicts between assessing the true market value of propert...

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Bibliographic Details
Main Author:	World Bank
Format:	Other Urban Study
Language:	English en_US
Published:	Washington, DC 2013
Online Access:	http://documents.worldbank.org/curated/en/2004/12/6035369/india-urban-property-taxes-selected-states http://hdl.handle.net/10986/14403

id	okr-10986-14403
recordtype	oai_dc
spelling	okr-10986-144032021-04-23T14:03:18Z India : Urban Property Taxes in Selected States World Bank Property taxation has a long been a vexing issue in India, and continue to be. India faces a major structural problem with its property tax systems, resulting from the failure to resolve conflicts between assessing the true market value of property with rent control ordinances, and other limitations such as the FSI. Moreover, government officials have generally been unwilling to issue new valuation rolls, in some cases for many years. Much of the recent property tax reform in India has entailed stop-gap measures to overcome these problems, rather than engaging in comprehensive reform. Meanwhile, the growth of property tax revenues has remained anemic. Unless these structural issues in properly valuing property are resolved, improved administration will do little to make the property tax a valuable revenue source for local governments, and the gap between their local expenditures and revenues in likely to grow over time. 2013-07-09T15:22:05Z 2013-07-09T15:22:05Z 2004-12 http://documents.worldbank.org/curated/en/2004/12/6035369/india-urban-property-taxes-selected-states http://hdl.handle.net/10986/14403 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Urban Study Economic & Sector Work South Asia India
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
geographic_facet	South Asia India
description	Property taxation has a long been a vexing issue in India, and continue to be. India faces a major structural problem with its property tax systems, resulting from the failure to resolve conflicts between assessing the true market value of property with rent control ordinances, and other limitations such as the FSI. Moreover, government officials have generally been unwilling to issue new valuation rolls, in some cases for many years. Much of the recent property tax reform in India has entailed stop-gap measures to overcome these problems, rather than engaging in comprehensive reform. Meanwhile, the growth of property tax revenues has remained anemic. Unless these structural issues in properly valuing property are resolved, improved administration will do little to make the property tax a valuable revenue source for local governments, and the gap between their local expenditures and revenues in likely to grow over time.
format	Economic & Sector Work :: Other Urban Study
author	World Bank
spellingShingle	World Bank India : Urban Property Taxes in Selected States
author_facet	World Bank
author_sort	World Bank
title	India : Urban Property Taxes in Selected States
title_short	India : Urban Property Taxes in Selected States
title_full	India : Urban Property Taxes in Selected States
title_fullStr	India : Urban Property Taxes in Selected States
title_full_unstemmed	India : Urban Property Taxes in Selected States
title_sort	india : urban property taxes in selected states
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2004/12/6035369/india-urban-property-taxes-selected-states http://hdl.handle.net/10986/14403
_version_	1764429014533931008

India : Urban Property Taxes in Selected States

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