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प्रश्न
Explain any four non- tax sources of public revenue
उत्तर
Non-tax revenue refers to the revenue received by the government administration, public enterprises, gifts and grants etc. These sources are different than the taxes.
The various non-tax sources of revenue are as follows:
1. Fees: Unlike taxes, fee is payment made by citizens in return for specific services provided by the government.
E.g.: education fee, registration fee, court fee etc.
2. Prices of Public Goods And Services: Modern governments sell various goods and services to citizens. A price is a payment made by the citizens to the government for the goods and services sold to them.
E.g.: railway fares, postal charges etc.
3. Special Assessment: Special assessment refers to the payment made by citizens of a particular locality in exchange for certain special facilities provided to them by the public authorities.
E.g.: local bodies can levy special tax on the residents of a particular area where extra/special facilities of roads, energy, water supply etc. are provided.
4. Fines And Penalties: The government imposes fines and penalties on people who violate the laws framed by the Government. Here, the objective is not to earn income, but to discourage the citizens from violating the laws.
E.g.: fines for violating traffic rules. The public revenue arising from fines and penalties is small.
संबंधित प्रश्न
Choose the correct option:
Non-tax sources of revenue:
a) Direct and Indirect Tax
b) Direct Tax and Fees
c) Fees
d) Special Levy
Identify the right group of pairs from the given options.
| Group A | Group B |
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
Distinguish between the following concept:
Direct tax and Indirect tax.
State with reason whether you agree or disagree with the following statement:
Fines and penalties are a major source of revenue for the Government.
Essential characteristics of a tax:
- It is a voluntary contribution to the government.
- Every citizen of the country is legally bound to pay the tax imposed upon him.
- Tax is imposed on income, property or commodities or services.
- The tax payer receives direct and proportionate benefits from the government in return for the tax.
Non tax revenue sources:
- Special assessment
- Fines and penalties
- Goods and Services tax
- Gifts, grants and donations
Income tax: Direct tax :: GST : ______.
Tax paid at the time of production or sale and purchase of a commodity or service −
Find the odd word
Non-tax revenue -
Identify & explain the concept from the given illustration.
Prakash paid an income tax of ₹ 62,000/- during the accounting year 2018-2019.
Complete the correlation.
Personal Income tax : ______ :: Goods and service tax (GST) : Indirect tax.
Explain various sources of public revenue.
Identify the right group of pairs from the given options.
| i) | Direct tax | a) | Non tax revenue |
| ii) | Indirect tax | b) | Inflation |
| iii) | Fees and fines | c) | GST |
| iv) | Surplus Budget | d) | Personal income tax |
