1.

Grant is an example of non- tax revenue to government. Identify the other non-tax sources of Income to a government ?

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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