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Understanding the Purpose of Property Tax in India
Jul 11, 2024

Owning Valuable things adds extra maintenance charges. If you own a property, Property tax is one such maintenance charge levied by the Indian Tax System. In simple terms, the tax levied on real estate properties is considered property tax. Usually, these taxes are collected by government bodies to fund public services and maintain the infrastructure of municipalities and local bodies. However, there are multiple purposes for property tax payment in the Indian Tax System. Let us understand them in this comprehensive guide.

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