Amendment status not verified — confirm the current text below against the official source.
(1) The sources of income of a Panchayat nf $he Samiti shall consist of- -- - - Samiti. (i) funds relating to institutions and schemes transferred by the Government or Heads of Departments of the Government to the Panchayat Sainiti ; (ii) funds relating to the Community Develop- ment programme ; (iii) Central and State aid and aid received from the All-India Bodies and Institutions for the development of cottage and village industries, khadi, silk, coir handicrafts and the like ; (iv) dollations and contributions received by the Samiti from Panchayats, or from the public in any form ; (v) such share of the land revenue, State taxes or fees as may be prescribed ; (vi) proceeds from taxes, surcharges or fees which the Samiti is empowered to levy under this Act or any other law ; (vii) such contributions as the Samiti may levy from Grama Panchayats; '* (viii) income from endowmeits, trusts br other institutions administered by the Samiti 2[and] 3[ (ix) grants from ally 2uthorities, organisatiocs or statutory bodiesj. (2) The expenses of thc Sapziti shall include the salaries and allowances of its employees, the travelling expenses incurred by the members of the Samiti for attending the meetings of the Saniiti. any item of the expenditure directed by the Goveml; :elit for carrying out theL.purposes. of. this ,4ctvand such other expenses as may be necessary fur such purposes.