[Partial page, insufficient context for complete question text]

Urbanization is a desire of economic growth by being a national hub for economic activity and infrastructure development. Fifteenth finance commission recommendation for reform in ULBs: 1) Property accounts should be kept on the basis of accrued system. 2) Revision of property for states in locality 3) Performance - linked grants will be provided 4) Failure to implement reforms can mean non-deduction of funds. Fifteenth Finance Commission recommendation for reform in ULBs: 1) Prestige accounts should be kept on the basis of accrued system. 2) Revision of property for states in locality 3) Performance - linked grants will be provided 4) Failure to implement reforms can mean non-destruction of funds.

Priorities → Ensuring adequate maintenance of books of accounts Proper estimation of value of assets - better tax collection Property tax - major source of revenue Capacity building of ULBs More accountability & transparency of ULBs Will create performance pressure Challenges → Long process of transition of clients. for cash to accrue Limited capacity with personnel State government take away major share of property tax It can further define them of funds. Need of more: Capacity building Retention of funds integration of technology Share in GST

— Nidhi Goyal · AIR 91