write few arguments in favour and against the panchayati system
Answers
Explanation:
As per the SFC recommendations, many of the State Governments have agreed to give
PRIs a specific percentage of share in some of the State taxes like land revenue and
cess on it, additional stamp duty, entertainment tax, royalties on minerals and mines,
forest revenue and market fees; these taxes are less buoyant in nature and have no
relation to the powers and functions to be devolved upon Panchayats. More buoyant
taxes like sales tax and excise are kept out of the purview of PRIs. All SFCs have put
great emphasis on internal revenue mobilisation, but none has suggested any effective
mechanism for PRIs to generate their own revenue. SFCs do not recommend or
foresee any noticeable change in the tax (including the non-tax) jurisdiction of local
bodies. However, the SFCs suggest better use of the existing tax jurisdiction by
referring the system of property taxation and giving greater autonomy to local bodies
in matters relating to tax rate setting. SFCs place greater reliance on transfers for
bridging the gap between the local bodies’ revenue and expenditure.
Answer:
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Explanation:
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