Answer :

1. Property tax is the largest single source of revenue for local government.


2. Main sources of Income are from the taxes levied, Collected on the building, Vacant sites, shops etc.


3. Rents collected from offices, markets yards, shops and town halls.


4. Cess collected like water cess, market cess, cess on entertainment houses yield revenue.


5. Funds from the central government.


6. Grants are given by state government.


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