Property tax reform in India
نویسنده
چکیده
The property tax is an important local revenue source in many countries, but it is often underused as a source for financing local expenditures. In India, many local governments have initiated administrative and valuation reforms to increase the yield from property taxes. In this paper, we examine the fiscal and distributional implication of the ongoing and potential assessment reforms in two Indian cities – Bangalore and Pune. While our findings are specific to these two cases, ∗ Senior Economist, The World Bank and Visiting Fellow, National Institute of Public Finance and Policy, New Delhi. ∗∗ Senior Environment Specialist, The World Bank. We have benefited from discussions with Roy Bahl, Bob Buckley, Sonia Hammam, Ajit Karnik, Vinay Lall, Abhay Pethe, M. Govinda Rao, Vasanth Rao, A. Ravindra, Zmarak Shalizi, Ajay Suri, Dana Weist, and officials of the Bangalore Mahanagar Palike and Pune Municipal Corporation. All errors are the authors’. Earlier versions of the analysis were presented at the World Bank Urban Learning Week (March 8, 2005) and the World Bank / SDS seminar Knowledge Infrastructure Movement Towards Effective Urban Management and Good Governance, Bombay (March 10-11, 2005). This paper is part of a larger programme to find ways to improve urban management through the collection, use, and public disclosure of spatially detailed information and analytic methods, funded by the UK DFID’s Urban Knowledge Generation and Toolkits Programme and the World Bank Development Research Group.
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