The correct answer is: D) All of the above
Gram Panchayats in Karnataka receive revenue from a variety of sources, including property taxes, grants from the State Government, and own source revenue (taxes and fees).
Property taxes are a major source of revenue for Gram Panchayats. They are levied on the value of land and buildings owned by individuals and businesses. The rates of property tax vary depending on the location of the property and its value.
Grants from the State Government are another important source of revenue for Gram Panchayats. These grants are used to fund a variety of activities, including infrastructure development, social welfare programs, and education.
Own source revenue (taxes and fees) is also a significant source of revenue for Gram Panchayats. This revenue comes from a variety of sources, including taxes on goods and services, fees for services provided by the Gram Panchayat, and fines.
Gram Panchayats use their revenue to fund a variety of activities, including:
- Infrastructure development, such as roads, bridges, and schools
- Social welfare programs, such as pensions, scholarships, and healthcare
- Education
- Public health
- Sanitation
- Agriculture
- Rural development
Gram Panchayats are responsible for a wide range of services that affect the daily lives of people in rural areas. The revenue they receive is used to fund these services and improve the quality of life for their residents.