The Municipal Corporation gets its money from [[1]] collection to maintain the expenditures.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The Municipal Corporation gets its money from Tax or revenue collection to maintain the
expenditures.
The municipal cooperation provides basic services to their people. The municipal cooperation needed money to give these services regularly. The municipal corporation collects this money in different ways. People who made their homes in the city had to pay property taxes as well as taxes for water and other services. Property taxes help the municipal corporation 25-30 per cent of total revenue. There are also other taxes levied by local government taxes for education, taxes from hotel workshops, etc. The State Government and Central Government also allotted funds for the development of the cities. The Constitution of India provides autonomy for generating revenue for local bodies.

Watch 3-min video & get full concept clarity