“But I just love his work ethic and his coachability
The price of urban property spiraled by 8X since 2000 but property taxes have remained dormant as a source of revenue. Data on municipal taxes is dodgy and irregular. Estimates suggest that against an average of 0.7% of GDP in developing countries India collects only 0.2% of GDP as property tax (Govind Rao NIPFP 2013) In thirty six large municipalities during 2003 2006 the per capita property tax collected was just Rs 436 per year.
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