Strengthening fiscal capabilities of ULBs by devolving additional sources of revenue that are buoyant and elastic to their expenditure needs is important. Using land as a resource the potential of generating additional revenues through land based fiscal tools need to be explored. A study commissioned by the MoUD under its CBUD project has proposed an Urban Infrastructure Benefit Tax (UIBT) as a beneficial tax for the ULBs. The purpose of the workshop was to have discussions on the final outcome of the study and finalizing a way forward. It was attended by representatives of ULBs, State Governments, research institutions, academic institutions and international donor agencies.
Land Based Fiscal Tools
Monday, February 3, 2014
India Habitat Centre, New Delhi