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How is property tax calculated?

Q: On what basis is property tax calculated?

calculation of property tax
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Delhi Property Tax Property Tax in Delhi
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Property tax is mainly calculated after checking the value of the property. The term used for this is called as ad valorem. The tax will change automatically if there in any change in the value of the property. Property tax can also be calculated by other means. It can be calculated on fixed amount for every acre or housing unit. Tax is levied on both real and personal properties.
Manisha Soori


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