panchayet vs council

panchayet and council both are nouns.

Word	Noun	Adjective	Verb	Adverb
panchayet	Yes	No	No	No
council	Yes	No	No	No

As nouns, council is a hypernym of panchayet; that is, council is a word with a broader meaning than panchayet:

panchayet (noun)	council (noun)
a village council in India or southern Pakistan	a meeting of people for consultation
	a body serving in an administrative capacity
	(Christianity) an assembly of theologians and bishops and other representatives of different churches or dioceses that is convened to regulate matters of discipline or doctrine