Which tax is collected by local bodies (municipalities, panchayats) in Assam?

Professional Tax
Property Tax
Entertainment Tax
Vehicle Tax

The correct answer is: b) Property Tax

Property tax is a tax levied on the value of real estate. It is a major source of revenue for local governments, and is used to fund a variety of services, such as schools, roads, and libraries.

Professional tax is a tax levied on the income of professionals, such as doctors, lawyers, and accountants. It is a source of revenue for both state and central governments.

Entertainment tax is a tax levied on the sale of tickets to entertainment events, such as movies, plays, and concerts. It is a source of revenue for state governments.

Vehicle tax is a tax levied on the ownership of vehicles, such as cars, trucks, and motorcycles. It is a source of revenue for both state and central governments.

In Assam, property tax is collected by local bodies (municipalities, panchayats). It is a major source of revenue for these bodies, and is used to fund a variety of services, such as schools, roads, and libraries.

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