Question

Which of the following is not a non tax revenue receipts
A)goods and service tax B)external grants C)dividends and profits D) disinvestment

Answer 1

Answer:

D) disinvestment.

Explanation:

because it is not the part

Answer 2

Disinvestment is not a non tax revenue receipts.

Explanation:

• Tax revenue is collected money on income earned by an individual or an entity
• Non-tax revenue is defined as charged against services provided by the government.
• Disinvestment means to sell part of assets such as a manufacturing plant, a division or subsidiary or product line.
• It involves the conversion of money assert or securities into money or cash.
• Disinvestment is otherwise called as divestiture or divest.
• The government sale or liquidation of central and state government enterprises.It is called disinvestment.
• Since 1991-1992 the disinvestment process was started in India.
• The Disinvestment Commission, chaired by G V Ramakrishna set up in the year 1996 August.

To Learn More...

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