Property Tax

Project Active from to State and Tax

Property tax collection in the Punjab is roughly a fifth of the level of comparable countries both in terms of the proportion of total local revenues and as share of GDP. This would be ten times compared to what is collected today, amounting to 13% of Punjab’s development budget and 26% of its health and education budget for FY10. This policy brief outlines improvements that could be made to the property tax system in Punjab.