property tax
Property tax in Bengaluru
Taxes are one of the major sources of revenue for the government, which helps them fund various amenities to be provided to the general public of the country. Taxes are levied on various things, such as income tax on income, GST on goods or services, etc. Certain taxes are governed centrally, certain other taxes are state-specific, and revenues are received by various states for the purpose of funding the State budget. Property tax is one such tax levied by the state government through the local body on real estate, including vacant land year on year basis. This tax is imposed on the owner of the property.
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