The Political Institutions and Theories of the Hindus: A Study in Comparative Politics c11.t18.3

c11.t18.3

The available list indicates only the revenue from villages or villageunions. But it is questionable if we are justified in treating it exclusively as what should technically be a branch of "local finance". The village through its panchâyat was indeed responsible as a unit for the realization of all public income within its area.¹ But the heads of income do not seem to have been classified and specifically ear-marked as local and national. We need not, besides, attempt here a classification of the Chola revenues according to one or other of the accepted taxonomies. They can easily be brought down to the tripartite division into taxes, fees, and prices.²