Where in the World are the PropTax Monkeys?? India!

We are sending the PropTax Monkeys packing. Well at least exploring the globe for interesting property tax facts. Join us as we embark on a great journey and discover “Where in the World are the PropTax Monkeys?” This month they are visiting the Taj Mahal and enjoying the incredible food that India has to offer.

  • Property tax or ‘house tax’ is a local tax on buildings, along with appurtenant and land. It is imposed on the owner.
  • Algebra, Trigonometry and Calculus are studies, which originated in India.
  • The tax power is vested in the states. It is delegated by law to the local bodies specifying the valuation method, rate band, and collection procedures.
  • India has the largest number of Post Offices in the world.
  • Until 1896, India was the only source of diamonds in the world.
  • The normal property tax is usually coupled with a number of service taxes for instance water tax, drainage tax, sanitation tax, and lighting tax. All of these use the same tax base.
  • The largest employer in India is the Indian Railways, employing over a million people.