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Which Are Thence Sources of Public Revenue? - ICSE Class 10 - Economics

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Question

Which are thence sources of public revenue?

Solution

Sources of public revenue:

  • Tax revenue: A tax is a compulsory payment imposed on individuals or companies by the government to meet expenditures.
  • Administrative revenue/Non-tax revenue: It is collected in order to provide administrative services to the people.
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Solution Which Are Thence Sources of Public Revenue? Concept: Concept of Public Revenue.
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