What is the term of a panchayat under the Constitution?

Explanation

1. 01

   Every panchayat has a term of five years from the date of its first meeting.

2. 02

   An election to constitute the next panchayat must be completed before that term expires.

3. 03

   If a panchayat is dissolved early, the election must be held within six months, and the new body serves only the remainder of the term.