Statement I: Panchayati Raj Institutions (PRIs) have the power to levy and collect taxes on houses and property within their jurisdiction.Statement II: Property tax is a non-tax revenue source for Gram Panchayats.

Challenger App

★

1M+ Downloads

Statement I: Panchayati Raj Institutions (PRIs) have the power to levy and collect taxes on houses and property within their jurisdiction.

Statement II: Property tax is a non-tax revenue source for Gram Panchayats.

AOnly Statement I is correct.

BOnly Statement II is correct.

CBoth Statement I and Statement II are correct.

DNeither Statement I nor Statement II is correct.

Answer:

Statement I is correct as PRIs are empowered to collect taxes on property and houses.
Statement II is incorrect because property tax is a tax revenue, not a non-tax revenue.

Related Questions:

Which of the following statements accurately describe the common expenditure patterns observed among migrants in Kerala?

Purchase of sophisticated consumer durables is a main pattern of expenditure.
Construction of luxurious houses is a common expenditure pattern.
A significant portion of their money is spent on buying agricultural land for large-scale farming.
Purchasing land as a form of permanent investment is a notable trend among migrants.

Consider the following statements regarding India's crude birth rate as per the Annual Vital Statistics Report. Which statement is correct?

India's crude birth rate showed a consistent decline from 15.7 in 2010 to 11.9 in 2021.
The crude birth rate increased from 12.7 in 2020 to 11.9 in 2021.
In 2010, the crude birth rate was 12.7, which later increased to 15.7 by 2020.
The lowest crude birth rate among the given years was observed in 2020.