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What are the sources of public revenue for a country?
Sources of Public Revenue To Government:Tax and Non-Tax Sources of Public Revenue To Government Post : Gaurav Akrani Date : 12/30/2010 06:11:00 PM ISTNo Comments Labels : EconomicsIntroduction To Public Revenue ↓Governments need to perform various functions in the field of political, social & economic activities to maximise social and economic welfare. In order to perform these duties and functions government require large amount of resources. These resources are called Public Revenues.Public revenue, consists of taxes, revenue from administrative activities like fines, fees, gifts & grants. Public revenue can be classified into two types.1. Tax Revenue2. Non-Tax Revenue
What are major accounting differences between nonprofit and for-profit organizations?
Tax exemption, restrictions on funds, and sources of revenue.
Difference between tax revenue and non tax revenue?
Tax Revenue:Taxes are the first and foremost sources of public revenue. Taxes are compulsory payments to government without expecting direct benefit or return by the tax payer. Taxes collected by Government are used to provide common benefits to all mostly in form of public welfare services. Taxes do not guarantee any direct benefit for person who pays the tax. It is not based on direct quid pro quo principle. Non-Tax RevenueThe revenue obtained by the government from sources other then tax is called Non-Tax Revenue.
What are regular taxes?
Regular taxes refers to tax that is levied on incomes that individuals make. This is one of the main sources of revenue for governments.
What are the four major types of transactions that affect equity?
revenue expenses dividends and common stock
What are the sources of revenue generation in Nigeria?
Sources of revenue to Nigeria are petroleum, electricity and taxes
What are four sources of government revenue?
Federal revenues come from a variety of sources that include payroll taxes and individual income taxes. Other sources of federal revenues are corporate income taxes and excise taxes.
What provided sources of revenue for the federal government in the period from 1800 to 1860?
The main sources of revenue in the 1800s-1860s were: Revenue Tariff, Land Sales, and Income Tax.
What are the main sources of state revenue and how do they differ from the main sources of local revenue?
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.
List and describe four sources of state government revenue in Bangladesh?
natural gas, ready-made garments, VAT, income tax
What are the 2 main sources of government revenue?
sources of government revenues
What are the main sources of government revenue?
Taxes
List and describe four sources of state government revenue?
US State sources of income can be the following four types: 1. State income taxes; 2. Income from sales taxes; 3. Income from real estate taxes; and 4. Inheritance taxes.
What are the sources for revenue for local governments?
The main source of local government revenue is intergovernmental transfers.
What are other sources of government revenue?
banks taxes
What are the federal government's main sources of revenue?
Taxes
What are the major sources of revenue for Texas?
the major sources of revenue in india comes from the indirect taxes
