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what are the sources of income of panchayti raj of system?

Posted by Ali Zaidi 5 years, 9 months ago

CBSE > Class 12 > Sociology

1 answers

Yogita Ingle 5 years, 9 months ago

The taxes imposed by the Village Panchayats are important source of income of Gram Panchayats, such as:
Taxes on land and houses,the custom duty,the toll tax,License fees on transport and communication etc.
Even taxes are collected from professions, trade and commerce, for lighting the streets, from schools, hospitals, dispensaries, markets, the resting places and like places used by the common people.
Another source of revenue is Grants-in-aid from the Central or the State government or from the Zilla Parishad or Panchayat Samiti and loan collected from the Central government, the State government or other financial agencies.

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