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Revenue administration refers to the processes and systems that governments and organizations use to collect, manage, and allocate public funds through taxation and other revenue sources. It involves the implementation of tax policies, compliance enforcement, and the administration of financial regulations to ensure efficient and effective collection of revenues. Effective revenue administration is crucial for funding public services and infrastructure, promoting economic stability, and ensuring fairness in the tax system.
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Who established board of revenue?
The Board of Revenue in India was established by Lord Cornwallis in 1782 during the British colonial administration. It was created to manage revenue collection and land revenue administration in Bengal, which later influenced similar structures in other provinces. The establishment aimed to streamline tax collection and improve governance in the agrarian economy of the time.
Is service revenue an asset or liability?
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
Gain on sale of land is an asset or revenue?
It's a revenue. However, it's not a "Sales revenue", it's a "Other revenue".
Unearned revenue is a contra revenue account?
Unearned Revenue is a Liability Account
What is the journal entry for prepaid revenue?
prepaid revenue is debited and revenue is credited
What is the definition for a dual government?
the company collected the revenue and the robert clive looked after the overall administration and also the administration of justice
Who established board of revenue?
The Board of Revenue in India was established by Lord Cornwallis in 1782 during the British colonial administration. It was created to manage revenue collection and land revenue administration in Bengal, which later influenced similar structures in other provinces. The establishment aimed to streamline tax collection and improve governance in the agrarian economy of the time.
What is the importance of battle of buxar?
The establishment of British paramountcy along with the diwani(revenue administration) of Bengal, Bihar and Orissa.
What is the correct definition of public administration?
fiscal administration generally refers to the process/es involved in the revenue generation, allocation, and expenditures of the government.
Define public revenue?
Public Revenue is the income realized by the government for purposes of financing public administration. Public revenue may be realized from taxation of the various entities and activities within the country or from non-tax sources such as revenue from government-owned corporations, public wealth funds, grants etc.
Is the revenue system during the Delhi sultanate period a part of its political administration?
Yes, the revenue system during the Delhi Sultanate period was a critical component of its political administration. The system involved the collection of taxes, such as land revenue, which provided the necessary funds for the functioning of the state and the salaries of officials and the military. The revenue system also helped in maintaining control over the territory and ensuring stability within the kingdom.
Importance of public financial administration?
to ensure the proper revenue and expenses are carried out correctlyto ensure the purchasing/procurement is done appropriately, correctly and legally
Definition of incremental revenue?
Incremental Revenue is the increase of revenue between a new revenue and a previous revenue, thus the formula: Incremental Revenue = New Revenue - Previous Revenue
What has the author Henry Arthur Deuteros Phillips written?
Henry Arthur Deuteros Phillips has written: 'Our administration of India' -- subject(s): Accessible book, Politics and government, Colonies, Revenue
What is revenue based financing?
Revenue-Based Financing, is a capital-raising method in which finance companies such as Parallel Cap agree to provide you with capital with no exchange of collateral assets or personal guarantees. However, in exchange for a set percentage of a company's gross revenue in the future, The businesses need not give away their company's ownership or any company's administration into the hands of the lender. As you see, RBF is much easier and less risky and does not require many documents to apply.
Which indian companies provide revenue assurance and management solutions?
Claptek’s Digital Twin for Revenue Assurance analyses the revenue stream processes identifying problems of revenue generation to increase profitability. iCAST Digital Twin – A Revenue Assurance Application It is an analytics-based real-time integrated solution, which fills in as a twin to the Core Administration System of the organization. It empowers organizations to accomplish precision in day-to-day transactions of the business, in this way enabling them to exhibit their responsibility of trust, towards every one of their stakeholders viz., End Customers, Intermediaries, Employees, Auditors, Board Members, Regulator and so forth. Diminish revenue leakage with a strong revenue assurance platform iDT. Revenue assurance is an essential part of big business enterprises that deal in finances, guaranteeing organizations have clear oversight to stay away from potential revenue leakages.
Which par motion will be after patwari?
The position that typically follows a Patwari in the revenue department hierarchy is often that of a Kanungo or an Assistant Revenue Officer, depending on the specific administrative structure of the region. After gaining experience and demonstrating competency, a Patwari may also be promoted to the position of a Naib Tehsildar or Tehsildar. These roles involve additional responsibilities related to land revenue, administration, and law enforcement within the jurisdiction.
