Local Tax Potential in an Urban Setting

Shyam Nath () and Yeti Nisha Madhoo
Additional contact information
Shyam Nath: Amrita Vishwa Vidyapeetham University
Yeti Nisha Madhoo: Amrita Vishwa Vidyapeetham University

Chapter Chapter 10 in Vanishing Borders of Urban Local Finance, 2022, pp 297-335 from Springer

Abstract: Abstract This chapter explores the local tax potential to consolidate the urban local budgets in India. A case is made to augment the scope of user charges on the ground that the distortionary impact, measured by marginal cost of public funds, is lower than other sources of funds. Less reliance on user charges is revealed in most municipal corporations as against their growing significance among developed and developing countries. The potential of property tax, which is the mainstay of local finance, is examined with special emphasis on business property tax falling on business and industry in urban areas. In this way, a distinction is made between residential property tax and business property tax. This chapter tries to highlight the importance of environmental taxes in local budgets and suggests a local carbon tax on business and industrial emissions using GIS information on the luminosity for different regions (night-time light density for India).

Keywords: Marginal cost of public funds; User charges; Property tax; Local carbon tax (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-5300-2_10

Ordering information: This item can be ordered from
http://www.springer.com/9789811953002

DOI: 10.1007/978-981-19-5300-2_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().