What are the different taxes are considered revenue in a municipality? are any these restricted?
Answer : | Muncipality have the various source of income | |
Basically types of taxes i.e revenue for muncipality are utility taxes | ||
Types of taxes covered by muncipality are :- | ||
1) | Property Tax | |
2) | Octroi | |
3) | Advertisement tax | |
4) | Professional tax | |
5) | Environmental tax | |
6) | Water supply | |
7) | Rental Income | |
8) | Utility taxes | |
9) | Government grants | |
These all the source of revenue for the muncipality and on these income muncipality have to spend it on the betterment of the city | ||
Provide clean roads, Parking lots, Hygiene environment and all facility to maintain a city in a better position. |
What are the different taxes are considered revenue in a municipality? are any these restricted?
What are the three categories of revenue (taxes)? What are the types of spending?
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