two sources of income Nagar Panchayat Municipal Corporation Municipal Council
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he various sources of income of municipal bodies are: The income from taxes, including on houses, entertainment, electricity, water tax (in certain cities), vehicles, property and land. Toll tax is the most important income of a municipality.
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As per provisions of Section 105 of MP Municipalities Act, 1961 and Section 87 of MP Municipal Corporation Act, 1956, there are mainly two sources of revenue for ULBs, viz. Government grants and own revenue.
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