Tuesday, August 25, 2009

Raising resources from land

Books of Account
India Infrastructure Report 2009 of 3iNetwork

Financing urban infrastructure

Betterment charge or land value increase tax (LVIT) is one of the four alternatives for raising resources from land, lists India Infrastructure Report 2009 of 3iNetwork. This levy on the landowners in cities aims to recover from them a part of the land value gains or `unearned income,' which results from public investment in infrastructure.


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