What is Property Tax Used For? Types of Properties Subject to Property Tax
Zee Business Video Team | Updated: December 17, 2024 05:48 PM IST
Property Tax is like any other tax and is collected from owners of residential and commercial properties. Generally, the government collects property tax through the civic bodies and panchayats. Every owner of lands or tangible assets like residential properties, office buildings, commercial buildings and any other real estate asset, is liable to pay property tax.