GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following taxes is collected by Panchayat?
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Sales tax
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Custom duty
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Land revenue
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Tax on local fairs
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Explanation:
Detailed explanation-1: -Property taxes, payroll taxes, sales taxes, and licencing fees are all examples of local taxes. The Panchayat is in charge of collecting the Local Affairs Tax. Hence, this option is correct. Hence, Option ‘D’ i.e, Tax on local fair is the correct answer.
Detailed explanation-2: -Gram Panchayat collects taxes houses, market places, etc. Apart from this other sources for the income of Gram Panchayat are as follows: Government schemes funds received through the various departments of government. Donation for community work, etc.
Detailed explanation-3: -The Gram Panchayat does not collect any local taxes.
There is 1 question to complete.