ICSE Class 6 Answered
What are some of the sources of income for municipalities and Municipal Corporations?
Asked by Topperlearning User | 24 Sep, 2015, 02:10: PM
Expert Answer
Some of the sources of income for municipalities and Municipal Corporations are:
- Taxes on houses and land are important sources of income.
- Taxes which are levied on vehicles, motorcycles or carriages.
- Grants from the State Government.
- Educational tax which is collected for educational activities.
- Toll taxes collected for using bridges and roads.
- Taxes levied on businesses and professions.
- Water tax to those who have municipal taps in their houses and organisations.
Answered by | 24 Sep, 2015, 04:10: PM
