Question

Explain non tax revenue in economics chapter public revenue.

Answer 1

Answer:

Non-Tax Revenue:Public income received through the administration, commercial enterprises, gifts and grants are the source of non-tax revenues of the government. Thus,nontax revenue includes: (i) Administrative revenue. (ii) Profit from state enterprises.

Answer 2

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Non-Tax Revenue is the recurring income earned by the government from sources other than taxes. ... This is largely the revenue expenditure of the government, although it also includes capital expenditure.

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