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Answer the Following Question. What Are the Sources of Non - Tax Revenue ? - Economics

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Question

Answer the following question.
What are the sources of non - tax revenue ? 

Answer in Brief

Solution

The sources of Non - Tax Revenue are

Non-Tax Revenue comes from registration fees, court fees, and surpluses from public sector undertakings, fines and penalties and so on. The non-tax revenue share is less than that of tax revenue of the central government. In India, it is about 20% of total revenue receipts of Central Government.

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2017-2018 (July) Set 1
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