Question

____________ refers to all those revenue receipts of the government which are not a part of the tax receipts.

• A. Taxable revenue
• B. Non-tax revenue
• C. Revenue from disinvestment
• D. All of the above

Answer 1

Answer: (B)

Non-tax revenue

Non tax receipts of the government are all those revenue receipts of the government that is not a part of tax receipts of the government be it is direct tax or indirect tax. For example - fees, fines, escheats, etc.