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Asked by Baij Nath

Sep 10, 2014

Sources of Funds - Panchayat.

What are the sources of funds for Panchayat?

Answers(2)

Answer

Aruna kumari Sripada

Member since May 13, 2014




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.

Syeda

Member since Jan 25, 2017

Answer.

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.

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