In India property laws are of 2 types: Real and Personal. Both will be charged by the property tax. For both he property tax assessment is very much different. Any property can be termed as Real or Personal and is further distinguished according to its use. Although there are various kinds of taxes in india such as Income tax, Sales tax etc. But still property tax remains the highest source of revenue for the government. In india the real property is taxed according to the administration of its location, meanwhile personal tax is taxed on the basis of the jurisdiction or according to the taxpayer's residency. All the tax collected by the government is utilized to make road, sewage facilities, infrastructural development and also to various development projects facilitating the public.
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