Revenue from the State Government's Public Works Department is a source of:
ATax revenue
BCapital receipts
CNon-tax revenue
DPublic debt
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Related Questions:
A government agency's earning from a public company where it holds a majority stake is a type of:
Why the Indirect taxes are termed regressive taxing mechanisms?
Consider the following statements regarding the ‘Regressive taxation’:
I.Regressive taxation method has decreasing rates of tax for increasing value or volume on which the tax is being imposed.
II.For regressive taxation are not any permanent or specific sectors for such taxes.
III.The regressive taxation method while appreciated for rewarding the higher producers or income-earners is criticised for being more taxing on the poor and low-producers.
Which of the following statement(s) is/are correct?
The primary purpose of fines and penalties as a source of non-tax revenue is:
Which of the following transactions would be categorized as a Capital Receipt for a State Government?