Explain briefly two sources of revenue receipt
Answers
Answered by
4
Revenue receipts of the government are divided into two groups, namely,...
(i) tax revenue....
and
(ii) non-tax revenue....
Tax revenue consists of proceeds of taxes and other duties levied by the Union government such as income tax, corporate tax, excise duty, customs duty, service tax, etc.
THANKS FOR ASKING QUESTION
(i) tax revenue....
and
(ii) non-tax revenue....
Tax revenue consists of proceeds of taxes and other duties levied by the Union government such as income tax, corporate tax, excise duty, customs duty, service tax, etc.
THANKS FOR ASKING QUESTION
Similar questions