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Local taxes, fees contribute panchayats' just 1.1% to total revenue: RBI report
Business Standard
|January 25, 2024
Local taxes and fees contributed only 1.1 per cent to Panchayats' total revenue, according to a report by the Reserve Bank of India (RBI).
Non-tax revenue, primarily from Panchayati Raj programmes and interest earnings, constituted 3.3 per cent of the total revenue receipts.
States like Tamil Nadu, Himachal Pradesh, Maharashtra, and Telangana reported higher non-tax revenue than others, according to the RBI report on the Finances of Panchayati Raj Institutions.
Denne historien er fra January 25, 2024-utgaven av Business Standard.
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