tell us about today' farmer revenue system
Answers
Answer:
Explanation:
Farming or tax-farming is a technique of financial management in which the management of a variable revenue stream is assigned by legal contract to a third party and the holder of the revenue stream receives fixed periodic rents from the contractor. It is most commonly used in public finance, where governments (the lessors) lease or assign the right to collect and retain the whole of the tax revenue to a private financier (the farmer), who is charged with paying fixed sums (sometimes called "rents", but with a different meaning from the common modern term) into the treasury. Sometimes, as in the case of Miguel de Cervantes, the tax farmer was a government employee, paid a salary, and all money collected went to the government
Answer:
In today's Farmer Revenue system 2 things are performed and a choice is given to the farmers in most of the areas...
1) Pay direct Tax ( With some interest decided by their income )
2) Pay a part of your produce ( decided on the produce)
In some cases, like emergency, floods, etc, the revenue system is taken back...
Hope it helps...
Follow me.
Please mark it as the Brainliest...