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Journal of Statistics and Management Systems cover

Journal of Statistics and Management Systems

(Since 1998)
Hybrid ·Peer-reviewed·ISSN (Online): 2169-0014·ISSN (Print): 0972-0510

Indexed in ABDC Australia

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Monthly Journal: Publishes peer-reviewed aticles on theoretical and applied statistics and management systems, expoloring industrial statistics, actuarial and decision sciences.

Issues up to 2022 co-published with and available at:Taylor & Francis Online
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Journal of Statistics and Management Systems
Open Access Research Article

Study of impact of VCF tool and effectiveness of PPP model for urban development 

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pp. 987–1004Vol. 26Issue 5July 2023DOI: 10.47974/JSMS-1152XML
Published Online:
20 Sep 2023
Article type:
Research Article
Language:
EN
Article no.:
JSMS-1152
Pages:
987–1004

Abstract

Land has been one of the most important sources for revenue to the local bodies, which is subject to value addition through infrastructure creation. Of late, value capture financing has become an important option for mobilizing infrastructural development finance by local urban bodies. Urban development cannot take place without construction of good roads, ensuring quality water supply, ensuring uninterrupted good quality electricity, provision of streetlights, development of drainage system etc. in a city.The present paper is an attempt to study the urbanization process through land development and ensure efficient tax collection by the State through involvement of private agencies and proper assessment of taxes on households. After introduction of self-assessment taxation process in 2015-16 it has been noticed that there is quantum jump in the collection of tax revenue, which has resulted in accelerating the process of urban development in major districts of the State. In the present paper, Ranchi Municipal Corporation are being considered for the study.

Keywords

Property taxHolding taxSAFTax collection agencyValue capture financingUrban development

Subject Classifications

91D1091D30

References

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