Pattern of tax revenue and non tax revenue system in india
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➡️ The revenue that is obtained by the government from sources other than the taxes is called as Non-tax revenue. Examples of Non-tax revenues are fees, penalties, fines, grants and gifts, surplus amounts from Public enterprises, and deficit financing.
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Tax revenue are the revenue proceeds received from the collection of taxes and other duties levied by the Union govt.These are primary sources of revenue. They arise on the normal functioning of the govt.These have to be paid by all the people. Examples of taxrevenue are income tax, gift tax, estate duty etc.
Income from sources other than taxes is called Non tax revenue.These are secondary sources of revenue.These arise on account of the administrative functions of the govt.These are required to be paid only by those who have enjoyed the benefit of the service. Examples of non taxrevenue are interest, profits, fees and fines etc.
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