Which of the following is not a non tax revenue receipt gst.externalgrants.disinvestment.dividend n profit
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Answer:
Definition: Non-Tax Revenue is the recurring income earned by the government from sources other than taxes.
disinvestment is not a non tax revenue
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The correct answer is disinvestment
Explanation:
- Non- tax revenue is the revenue which the government earn through taxation, that is the primary source for government. There are other ways, the government earns some recurring income other than the tax, which is referred to as the non- tax revenue.
- The sources of the non- tax revenue are large with the wide variance in the collections of quantum. The sources for the non- tax revenue are GST (Goods and Services Tax), dividend and profit, power supply fees, external grants and broadcasting fees.
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