section 195
Grants and shares of Taxes.
The Kerala Panchayat Raj Act, 1994Infrastructure1994297 sections26 chapters
Chapter XIX FINANCE AND TAXATION
Statutory text
- (1) The Government shall having regard to the recommendation, if any, of the Finance Commission, in each year, after due appropriation made by the State Legislature by law in this behalf, make such grants and shares of various taxes, duties, cess and fees as are necessary to the panchayats for the proper discharge of their functions under this Act. (2)The shares of taxes collected by the Government shall be distributed among panchayats at all levels in an equitable manner according to the formula fixed by Government in this behalf.]
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