Non-Tax Sources of Revenue

IMPORTANT

Non-Tax Sources of Revenue: Overview

This topic covers concepts, such as, Fee for Administrative Services, Receipts relating to Defence Services, Fees for Communication Services & Fee for Police Services etc.

Important Questions on Non-Tax Sources of Revenue

EASY
IMPORTANT

As we all know, Government of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the government?

I. Tax on income

II. Tax on expenditure

III. Tax on property or Capital asset

IV. Tax on Goods and Services

Select the correct answer using the codes given below.

MEDIUM
IMPORTANT

What is an Indian Depository Receipt (IDR)? 

MEDIUM
IMPORTANT

Which of the following is/are the Non-Tax Revenue components of the Union Budget of India?

I. Custom Duties

II. Interest Receipts

III. Dividened and Profits

Select the correct answer using the codes given below.

EASY
IMPORTANT

Many times we read about 'Hawala' transactions in newspapers. Hawala, in India, is prohibited under the provision of which of the following Acts?

EASY
IMPORTANT

As we all know, Government of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the government?

I. Tax on income

II. Tax on expenditure

III. Tax on property or Capital asset

IV. Tax on Goods and Services

Select the correct answer using the codes given below.

EASY
IMPORTANT

Consider the true statements regarding provision under the black money (undisclosed foreign income and assets) and imposition of Tax Bill, 2015

I. Undisclosed foreign direct investment inflows.

II. The punishment would be rigrous imprisonment from 3 to 10 year.

III. Maximum penalty of Rs 1 crore with imprisonment.

Select the correct answer using the codes given below:

EASY
IMPORTANT

Which of the following ia/are the Non-Tax Revenue components of the Union Budget of India?

I. Custom Duties

II.Interest Receipts

III. Dividends and profits

Select the correct answer using the codes given below

EASY
IMPORTANT

Which of the following taxes in not levied by the Union Government?

EASY
IMPORTANT

Minimum Alternative tax was introduced in India for the first time in the year _____.

EASY
IMPORTANT

Which of the following is not a tax/duty levied by the Government of India?

HARD
IMPORTANT

Which one of the following is refer to the use of taxation, public expenditure and the management of public debt in order to achieve certain specified objectives?

EASY
IMPORTANT

Which one of the following is the major source of the revenue to State Government in India?

EASY
IMPORTANT

Which of the following are the receipts for the defence-related services?

EASY
IMPORTANT

The fee paid for Administrative Services is which type of revenue source for the Government of India?

EASY
IMPORTANT

Which of the following pays a fixed dividend?

1.   Equity
2.   Preference share
3.   Debentures
4.   Bonds
5.   Bank FD
 

EASY
IMPORTANT

What is the government's receipts expectations for the year 2021-22?

EASY
IMPORTANT

Which of the following is not a source of the Non-Tax revenue?