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sources of revenue in India

Sources of Revenue in India: Union and State Sources Explained

Introduction Revenue generation is the backbone of government functioning, enabling it to finance developmental activities, welfare schemes, defense, infrastructure, and administrative operations. The Indian Constitution provides a clear framework for revenue collection, ensuring financial autonomy for both the Union (Central) Government and State Governments. Revenue in India is broadly classified into tax revenue and non-tax…

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Non-Tax Revenue in India

Non-Tax Revenue in India: Concept, Sources, Importance, and Impact

Introduction Revenue generation is a critical function of any government. To finance its expenditures—such as infrastructure development, social welfare schemes, defense, and administrative operations—the government relies on two broad sources of income: tax revenue and non-tax revenue. While tax revenue is collected through compulsory levies on individuals and businesses, non-tax revenue refers to income earned…

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