1.

Give a brief accounts on non- tax re venue ?

Answer»

Fees Fees is the reward collected for the governments services. License fee, registration fee, tuition fee, etc. are the examples.

Fine and penalties :- Fines and penalties are punishments for violating the laws.

Grants:- Grants are the financial aid provided by one government to another. For example grants are provided by central and state goveminent to local self Governments.

Interest:- Interest is the amount received for the loans provided by the government to various enterprises, agencies and countries.

Profit:- Profit is the income received from the enterprises operated by the government.

For example profit from the Indian railways.



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