Muncipal corporation translates into Mahanagar Palika. They govern metropolitan cities with population more than 1 million. Their function is to provide necessary health care, education institution, housing and transport. They collect property tax and fixed grant from state government. Mayor is the head of the corporation.

Municipality translates into Nagar Palika. They administer a city with population around 1 lakh or more. Generally small districts or large towns have municipality. Its functions are almost same as Municipal corporations. Like Municipal corporation, municipalities also get their income from tax levied on water, house, market, entertainment, vehicle and grants from state government.

Principle Corporation vs Municipality:
Principle Corporation:
- A principle corporation is a type of organization that operates based on principles or values that guide its actions and decision-making processes.
- Principle corporations often focus on social responsibility, sustainability, and ethical business practices.
- They prioritize giving back to the community and protecting the environment while still maintaining profitability.
- Examples of principle corporations include Patagonia, Ben & Jerry's, and The Body Shop.
Municipality:
- A municipality is a local government entity that is typically responsible for providing services and governing a specific geographic area, such as a city or town.
- Municipalities have the authority to levy taxes, create and enforce local laws, and provide essential services like sanitation, transportation, and public safety.
- They are accountable to the residents of the area they govern and must operate within the framework of state and federal laws.
- Examples of municipalities include cities like New York City, Los Angeles, and Chicago.

Key Differences:
- Principle corporations are private organizations that operate based on values and principles, while municipalities are local government entities with legal authority over a specific geographic area.
- Principle corporations focus on social responsibility and sustainability, whereas municipalities focus on providing essential services and governing their communities.
- Principle corporations are accountable to their shareholders and customers, while municipalities are accountable to their residents and higher levels of government.
- Principle corporations operate within the framework of business laws and regulations, while municipalities operate within the framework of local, state, and federal laws.
In conclusion, while principle corporations and municipalities both play important roles in society, they differ in their structure, purpose, and accountability. It is essential to understand these differences to effectively engage with and support both types of organizations.