Page-3 of Urban Local Bodies Current Affairs, GK & News

Municipal Taxes in India

In India municipal corporations or urban local bodies (ULB’s) levy two types of taxes viz. Property tax and Professional tax.  Property tax is an annual amount paid by a land owner to the municipal corporation of his/her area. The municipal corporation assesses and imposes the property tax annually or semi annually. The amount is generally ..


Economic Survey 2016-17: Chapter-14: From Competitive Federalism To Competitive Sub-Federalism: Cities As Dynamos

In this chapter, the survey has focussed on “urbanization” and “competitive sub-federalism” with respect to cities and districts of the country. It has also discussed the challenges faced by Urban local bodies. The summary of this chapter is as follows: Need to study the changing dynamics of urbanization There is a need to study the ..