how does a gram panchayat acquire funds for its expenses? explain briefly
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State Govt. is required to provide resources to panchayat.
But it is seen that the resource provided is not enough for panchayat.
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Answer:
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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