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Grant is an example of non- tax revenue to government. Identify the other non-tax sources of Income to a government ? |
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Answer» Profit :- Central government gets profits from public sector undertakings like Railways, BSNL etc. The state government receives pro fit from state enterprises like KSFE, KEL- TRON etc. Income from public property :- It includes rent for government owned land and rent for govt buildings. Payments for government service :- Tuition fee registration fee and license fee etc. Debts :- Internal and external borrowings Fines :- Government imposes a fine upon who violate some rules. This is a source of income of the government. |
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