Question

Enumerate the sources of funds for the Urban Local Bodies.

29 Aug 2022
Answer :
Word Count : 493

Urban Local Bodies (ULBs) are responsible for providing various public services to citizens living in urban areas, including sanitation, water supply, road maintenance, and solid waste management, among others. To carry out these functions, ULBs require sufficient financial resources. Here are some of the sources of funds for ULBs:

  1. Property Tax: Property tax is the main source of revenue for ULBs and is based on the annual rental value of properties within the urban area. This tax is levied on _______ ______ ______ ______ _______ ____ _____ ______ ____ _________ _____ _______.
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