Which of the following does not accrue non-tax revenue to the government ?
A surcharge is an additional tax and therefore yields tax revenue. Receipts from public resources and government-created assets can instead take non-tax forms such as rents,…
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Which of the following does not accrue non-tax revenue to the government ?
Answer and explanation
Correct answer D
A surcharge is an additional tax and therefore yields tax revenue. Receipts from public resources and government-created assets can instead take non-tax forms such as rents, royalties and dividends.
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Maharashtra and Goa SET (MH SET)