The online survey shows only 16 per cent of respondents are comfortable with further tax increases than what was already approved for the 2023-26 operating and capital budgets. 

In India, there are hordes of unauthorised residential units, and levying even a low tax on these may be politically challenging

Property owners may face serious legal and financial ramifications if they fail to pay their property taxes. Therefore, timely paying such taxes is necessary to continue taking advantage of the municipal amenities. Owners must take immediate action if a property … Continue reading →

[This Day] The International Monetary Fund (IMF) has highlighted property taxes as a crucial but underutilised revenue source for Nigeria and other low-income countries aiming to achieve sustainable growth.

Two reckless initiatives headed for the November ballot, 50 and 108, would gut the resources needed to pay firefighters, recruit and retain volunteers, buy equipment, and respond quickly when you call.

Taxpayers can pay online, by phone, by check, or in person.

Property taxes are decided collectively by school boards, town boards, legislators, and councils. The tax rate is set by collating the amount of funds an area needs. This is then divided that by the "total taxable" assessed value of the area.

Tax reforms are crucial to promoting inclusive growth in India.