Amendment status not verified — confirm the current text below against the official source.
(1) For every Gram Panchayat there shall be constituted a Gram Pan Gram Panchayat Fund bearing the name of the Gram Panchayat and Fud hayar there shall be placed to the credit thereof— (a) contributions and grants, if any, made by the Central or the State Government; (b) contributions and grants, if any, made by the Zilla Parishad, Panchayat Samiti or any other local authority; (c) loans, if any, granted by the Central Government or the State Government; (d) all receipts on account of taxes, rates and fees levied by it; (e) all receipts in respect of any schools, hospitals, dispensaries, buildings, institutions or works vested in, constructed by or placed under the control and management of, the Gram Panchayat; 291 The West Bengal Panchayat Act, 1973. [West Ben. Act (Part 11.—Gram Panchayat.—Chapter VL—Property and Fund.—Section 46.) (f) all sums received as gift or contribution and all income from any trust or endowment made in favour of the Gtam Panchayat; such fines and penalties imposed and realised under the provisions of this Act as may be prescribed; (h) all other sums received by or on behalf of the Gram Panchayat. (2) Every Gram Panchayat shall set apart and apply annually such sum as may be required to meet— (a) the cost of administration of the Nyaya Panchayat, and (b) the cost of maintenance of Dafadars and Chowkidars in terms of section 38, and (c) the cost of its own administration including the payment of salary, allowances, provident fund and gratuity to the officers and employees and to the Secretary. (3) Every Gram Panchayat shall have the power to spend such sums as it thinks fit for carrying out the purposes of this Act. (4) The Gram Panchayat Fund shall be vested in the Gram Panchayat and the balance to the credit of the Fund shall be kept in such custody as the State Government may, from time to time, direct. (5) Subject to such general control as the Gram Panchayat may exercise from time to time, all orders and cheques for payment from the Gram Panchayat Fund shall be signed by the Pradhan, or in his absence, by the Upa-Pradhan. (g) Imposition of tax by Gram Panchayat.