Choose the given statement as true/false:

The Gram Panchayat does not collect any local taxes.

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True

False

answer is B.

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Detailed Solution

The above statement is false.
Gram Panchayat is in charge of collecting local taxes. A local tax is one that a state, county, or municipality pays to subsidise the cost of public services, including education, trash collection, and sewage maintenance. Local taxes include property taxes, payroll, sales, and licensing fees. Property taxes are the most critical source of revenue for local governments, including school districts, while income and sales taxes provide for the majority of total state tax revenue.
So, the correct statement would be that the gram panchayat collects local taxes.

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