Indian Polity · Local Self Government

Which of the following constitutes a legitimate financial source or revenue mechanism for Panchayati Raj Institutions in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1All of the above✓
2Taxes, duties, tolls, and fees levied and collected by the Panchayats as authorised by State laws
3Devolution of funds and grants from the Central Government based on Union Finance Commission recommendations
4Grants-in-aid from the State Consolidated Fund based on recommendations of the State Finance Commission

Correct answer

All of the above

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