concept   property tax
culture   India
statement   Property tax in India is unreliable and inefficient due to widespread evasion and under-assessment of property values.

5 similar statements
# Concept Culture Statement Freq.
1 annual property taxes India Less common, with property taxes being assessed and collected by local authorities but not as prevalent or significant as in the United States or Canada. 1
2 property tax India Property tax is often seen as an unreliable source of revenue due to widespread tax evasion and under-assessment of property values. 1
3 property tax India Property tax can vary widely between different regions and is often collected by local municipal authorities on land and buildings. 1
4 property tax India Property tax collection is often inefficient and many properties go untaxed, leading to a reliance on other forms of revenue for public services and infrastructure. 1
5 property taxes India Property taxes are often not rigorously enforced, leading to a lower compliance rate and a smaller contribution to government revenue. 1