The main sources of revenue in the 1800s-1860s were: Revenue Tariff, Land Sales, and Income Tax.
sources of government revenues
Taxes
The main source of local government revenue is intergovernmental transfers.
The role of taxation in economic development is same for all the countries. This is as we know the basic resource of generation Govt. Revenue. If the Revenue of govt will increase she will automatically spend it on the development of a country. Same is the case with Nigeria also.
VAT and revenue are some of the most important sources of funds for the government. The money is used in paying civil servants and provision of services such as security.
for the generation of revenue to the government.for the provision of employment and reduction of crime
Internal revenue can be greatly improved when the people are motivated by what they see the Local Government do with existing funds.
the state with the highest revenue allocation in Nigeria
revenue allocation principle since independence
Mrs. Ifueko Omoigui Okauru is the CEO of Federal Inland Revenue Service, Nigeria.
Sources of local government revenue in Nigeria includes; local rates, markets taxes and levies excluding any market where state finance is involved, Bicycle, truck canoe, wheelbarrow and cart fees, other than a mechanical propelled truck, Permits and fines charged by Customary Courts Local Government Business Investment, Tenement Rate Fees from schools established by the local governments Shops and kiosks rate, on and off Liquor License fees, Slaughter slab fees, Marriage, birth and death registration fees.
The main sources of revenue in the 1800s-1860s were: Revenue Tariff, Land Sales, and Income Tax.
Revenue Generation
The main sources of state revenue come from personal income tax. They differ from the main sources of local revenue because states get income, property and sales taxes local governments get property taxes plus they get money from the state.
the main reson why agriculture is not the main source of revenue in nigeria is becaus another product has been found crnudeoil is nowthe main source of reve
sources of government revenues