Question

How does Municipal Corporation earn the money to do its work?

Answer 1

Hint: A Municipal Corporation is a nearby government in India that oversees metropolitan territories with a populace of over 1,000,000.
-Taxes speak to the most important single wellspring of income for state and nearby governments.

Complete answer:
-The developing populace and urbanization in different urban areas of India needed a nearby overseeing body which will work for giving fundamental network administrations like medical services, schools, universities, lodging, transport, and then forth by gathering property charges and fixed grants from the State Government.
The Municipal Corporation brings in the cash to accomplish its work from the different taxes paid by the residents, a number of which are-
Education charge it comprises Primary Education and Secondary and Higher Education Cess making up 3% of the duty payable. It is utilized to subsidize pay rates, noontime dinners, foundation, infrastructure, and instructive organizations in the nation.

Property charge A property charge or millage rate is a promotion Valorem charges on the estimation of a property, generally collected onto the land. The expense is demanded by the overseeing authority of the ward within which the property is found. This could be a public government, a region or geological locale, or a district.

Entertainment charge is any duty exacted on any type of business amusement, for example, film tickets, shows, sports occasions, and many more.

Assessments on shops and lodgings a tax called GST implemented in 2017 is applied to the purchase of items and booking a room at hotels, etc. It is an indirect service charge.

Water tax and street lighting tax tax applied for the usage of water and street lights.

Additional Information:
The 73rd and 74th revisions give acknowledgement to nearby governments and in extra each state has its own neighborhood government legislation. Metropolitan areas, under the 74th amendment to the Constitution, have Nagar Palika while the forces of rural regions have been formalized under the Panchayati raj framework, under the 73rd amendment to the Constitution.

Note: The 12th Schedule of the Constitution records the various functions of Municipalities. These are-
-Metropolitan planning including town arranging.
-Guideline of land-use and development of structures.
-Getting ready for the financial and social turn of events.
-Water flexibly for domestic, and business purposes.
-General wellbeing, strong waste administration, fire administrations.