While these taxes are crucial to government revenue, they are not the only source of income. Ahead of the Budget 2025, it's essential to understand the diverse range of non-tax revenue streams the ...
The Indian government’s Rs 50.65 lakh crore expenditure in Budget 2025-26 will be primarily funded through tax revenue, ...
Non-Tax Revenue Union Excise Duties Customs Duties Non-Debt Capital Receipts These various income sources help fund government spending for the year. How the Government Spends Its Budget: A Simple ...
Chart 1 shows the share of States’ own tax revenue, non-tax revenue, and Central transfers in their total revenue. For over a decade now, States’ own tax revenue as a share of their total ...
Bhubaneswar: Odisha leads Indian ... own tax revenue from taxes such as VAT, excise duty, stamp duty, motor vehicle tax, and non-tax revenue. The non-tax revenue comes from sources other than ...
Here, we examine the key sources of revenue and the allocation of funds in the Union Budget presented by Finance Minister Nirmala Sitharaman this year.