What are the sources of income of Municipal Corporation?
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Answer:
The Municipal Corporation earns the money to do its work in following ways: (i) Property tax on house, land etc. (ii) Tax on trade and business. (iii) Fees on water facilities. (iv) Fees on electricity facilities.
Explanation:
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Answered by
1
Answer:
Explanation:
The Municipal Corporation earns the money to do its work in following ways: (i) Property tax on house, land etc. (ii) Tax on trade and business. (iii) Fees on water facilities. (iv) Fees on electricity facilities.
Sources of revenue
Water supply bills.
Property taxes.
Rents from municipal corporation-owned markets, houses, plazas, etc.
Taxes from commercial vehicles registered in the city.
Grants provided by the respective state governments.
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