What is the source of income of the panchayats

Asked by admin @ 13/08/2021 in Social Sciences viewed by 217 People

What are the sources of income of Gram Panchayat?

Answered by admin @ 13/08/2021

Various types of taxes, is the right answer.

The Gram Panchayats receives revenue from the taxes imposed by the Village Panchayats. Some of the taxes that are imposed by the village Panchayats are the Taxes on land and houses, toll tax, the customs duty, License fees on transport and communication etc. Moreover, taxes are also collected from trade and commerce, from schools, hospitals, for lighting the streets and public places made for the use of people. Grants-in-aid from the State or Central government is another important source of revenue for the Gram Panchayats.

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What is the source of income of the panchayats

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