What are the source of non-tax revenue?
Answers
The estimates of Non-Tax Revenue receipts from various sources such as return on assets in form of dividend and profits, interest, fees, fines and miscellaneous receipts collected in the exercise of sovereign functions, regulatory charges and license fees and user charges for publicly provided goods and services. 1.01.
I HOPE THIS ANSWER IS HELPFUL
The sources of non-tax revenue are:
1. Fines and Penalties: The Government has formulated various rules and regulations which an individual is supposed to follow. Any breakage of the same leads to heavy fines and penalties which act as non tax revenue for the Government.
2. Fees: The Government provides various services to the people such as registration services, license service and like for which they charge fees. This is an another non tax revenue for them.
3. Investment Income: The Government also invests in various securities just like other individuals such as equity shares, preference shares, debentures etc. They earn non tax revenue out of them in the form of dividend, interest.
Learn more about Non tax revenue:
Question: Difference between tax revenue and non tax revenue
Answer: https://brainly.in/question/1365214
Question: How is tax revenue different from administrative revenue?
Answer: https://brainly.in/question/8271216