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प्रश्न
Answer the following question
What are the source of non-tax revenue?
उत्तर
The following are some of the main sources of non-tax revenue:
i. Fees and license fee - The government receives fees in return of various services provided to the people. For example college fees, passport fees, registration fees etc.
ii. Gifts and grants - Gifts, grants and donations received by the government in the event of a natural calamity, war etc. also form a source of revenue for the government.
iii. Fines and penalties - Fines and penalties are imposed by the government on those who boycott law.
iv. Escheat - It refers to the income from a property of a person who dies without legal heirs.
v. Income from public enterprises - Income and profits from various enterprises owned by the government such as railways, SAIL etc. form an important source of revenue for the government.
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संबंधित प्रश्न
Distinguish between the following.
Direct tax and Indirect tax.
State whether the following statement is True or False with reason:
Autonomous consumption expenditure cannot be zero.
Give reasons or explain the following statement:
It is more appropriate to tax the rich in excess than the poor.
Fill in the blank with appropriate alternatives given below
__________ is an example of direct tax.
State whether the following statement is true or false.
Indirect taxes are paid directly by people to the government.
Give reason of Explain the statement
Income collected from tax is a main source of government revenue.
Distinguish between:
Direct tax and indirect tax
