Sources of revenue of urban local bodies
Urban local bodies, also known as municipal corporations or city governments, play a pivotal role in managing and developing urban areas. To carry out their functions effectively, they require revenue from various sources. The revenue sources of urban local bodies can be categorized into two main types: own revenues and transfers from higher levels of government.
1. Own Revenues:
a. Property Tax: Property tax is a significant source of revenue for urban local bodies. It is levied on residential and commercial properties based on their assessed market value. Regular property assessments and periodic revisions are essential to maintain this revenue source.
b. User Charges: User charges include fees for various municipal services like water supply, sewage, solid waste management, and street lighting. These charges are often collected based on consumption or
_____ ________ ______ ______ ______ ______.
___ ___ _________ ____ _____.
__________ ________ ___ ________ _____ _____ _________ _____.
___ _______ ______ ____ ________ ________ _______ ________.
_________ ________ _______ __________ ______ _____ __________ _____.
_____ ____ ______ ________ _______ ________ ______ _____ ________ ___ ________.
________ ______ ________ ______ ___ ______ ___ ____.
_______ _________ ______ ____ _____ ________.
_____ ______ ____ ____ _________ __________ _____ ________.
_____ ______ ____ ________ ____.
___ __________ ______ __________ ________ ______ _________ __________.
_________ ______ _________ ______ ____ ______ ___ ____ __________.
__________ __________ _______ __________ ________ _______ _______ ___ ______ _______.
____ ___ _______ ___ ___ ___ ____ _________.
_________ _____ _______ _____ ___ _______ ______ ____ ________ ______ _______ ______.
____ ____ _______ ________ ____ ________ _____ _____ ________ ___ _____.
________ _______ ______ __________ __________ _______ ______ __________ ______.
______ __________ ____ ____ ____ _____ ___ ________ __________.
_____ _____ ____ _____ __________.
________ _________ __________ ___ _________ __________ ______ ________ ____.
__________ ______ _______ ______ _______ ___ ______ ____ ____ ________ ____.
_________ _______ ______ ________ _____ __________ __________ __________ _______ _______ __________ _____.
_____ _____ _______ _________ _______ _____.
_______ _________ ______ ___ ________ ________ __________ _________.
________ __________ ________ __________ _______ ____ ___ ________ ________ _____ _________.
__________ _________ _________ ___ ______ _________ _______ ________ ______ ______ ___.
___ __________ ______ ____.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
✓ Unlock up to 60% of the answer
✓ No payment required