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What is Non-Tax Revenue

Non-Tax Revenue

About Non-Tax Revenue

What is Non-Tax Revenue

Other than taxation being a primary source of income, the government also earns a recurring income, which is called non-tax revenue. While sources of tax revenue are few, the sources of non-tax revenue are many, with the number of collections per source. Although there are many sources of non-tax revenue, the amount per source is much less than that for tax revenue.
 
For example, when citizens use services offered by the government, they pay bills, which are categorised as non-tax revenue, as the government provides infrastructure support to implement the services. Non-tax revenue also includes the interest collected by the government
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Latest Updates on Non-Tax Revenue

Govt must explore non-tax measures, not just spending cuts, to boost fiscal

With such fiscal pressures on the Centre's finances, it is necessary for the finance ministry to explore non-tax areas to raise revenue

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Updated On : 22 Oct 2024 | 11:03 PM IST

Union Budget 2024-25: Eye on non-tax revenues and divestment

The divestment target has been set at Rs 50,000 crore, similar to previous years

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Updated On : 23 Jul 2024 | 11:54 PM IST

Sluggish participation by foreign companies lowers oil revenue estimates

The budget estimates revenue collection from the Petroleum sector at Rs 14,922 crore

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Updated On : 04 Feb 2024 | 10:13 PM IST

Centre may peg FY25 fiscal deficit at 5.3% in interim budget: Goldman Sachs

Interim Budget 2024: The Centre will keep a focus on increasing the capital expenditure but it will most likely be at a slower pace than earlier, says Goldman Sachs

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Updated On : 12 Jan 2024 | 3:16 PM IST

Fiscal deficit for Apr-Nov narrows to 50.7% at Rs 9.07 trillion: Govt

Earlier this month, finance minister for state Bhagwat Karad said that the Centre was confident of meeting the fiscal deficit target of 5.9% in FY24

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Updated On : 29 Dec 2023 | 4:42 PM IST

Govt receives Rs 20,97,368 crore tax revenue in FY23, reveals data

Out of the total revenue, Rs 20,97,368 crore is tax revenue (net to Centre), Rs 2,86,151 crore is non-tax revenue, and Rs 72,187 crore is Non-Debt Capital Receipt

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Updated On : 31 May 2023 | 5:06 PM IST

Delhi mulls revision of user charge for services to augment non-tax revenue

User charges are an important component of the non-tax revenue, which need to be reviewed for necessary revisions wherever due or necessary, the circular stated

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Updated On : 24 May 2023 | 11:37 PM IST

Planned FY24 spectrum sale round drives non-tax revenue goal from telecom

Officials said deferred spectrum charges to be paid by telcos also make up a large chunk of the expected revenues

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Updated On : 03 Feb 2023 | 11:45 PM IST

Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani

In an interview with Ruchika Chitravanshi, Rajiv Memani, Chairman and Managing Partner of EY India, said that there is a strong enabling environment for private sector investment

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Updated On : 20 Jan 2023 | 10:43 PM IST

MSMEs can continue to avail non-tax benefits post re-classification: Govt

Micro, small and medium enterprises will continue to avail all non-tax benefits in their respective categories post re-classification for three years, the government said on Wednesday

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Updated On : 19 Oct 2022 | 4:29 PM IST

How is centre faring on its non-tax revenues, divestment targets in FY23

The total non-tax revenue target for the year is Rs 2.69 trillion, while that for disinvestment is Rs 65,000 crore

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Updated On : 19 Oct 2022 | 6:35 AM IST

Centre's fiscal deficit hits 12.3% of full-year target in April-May period

Non-tax revenue came in at Rs 49,251 crore, or 18.3 per cent of the full year target of Rs 2.69 trillion, compared with 48 per cent for the same period last year

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Updated On : 01 Jul 2022 | 2:21 AM IST

Union Budget 2022: Non-tax revenues to see a 14% decline in FY23

The Reason: Fall in contribution from telcos and lower dividend from RBI

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Updated On : 02 Feb 2022 | 12:30 AM IST

Budget 2022 LIVE: Govt to take balanced view on cryptocurrency, says Sanyal

The issue of cryptocurrency has not been covered in the Economic Survey 2021-22, Principal Economic Adviser said in an interaction with media

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Updated On : 31 Jan 2022 | 6:53 PM IST

Volume IconWhat is Revenue Budget?

The govt is now giving final touches to the contours of Union Budget 2022. The Budget can be classified into two parts -- the Capital Budget and the Revenue Budget. Find out what is Revenue Budget

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Updated On : 28 Jan 2022 | 8:45 AM IST

Govt reaps over Rs 6,600 crore as dividend from dozen Central PSEs

The government has received about Rs 6,600 crore as dividend tranches from a dozen Central Public Sector Enterprises (CPSEs), including GAIL, NMDC and Power Grid

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Updated On : 17 Jan 2022 | 6:43 PM IST

Reserve Bank of India transfer tops govt's non-tax revenue source

In comparison, the Manmohan Singh government earned about Rs 99,000 crore in its first seven years from FY05 to FY11

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Updated On : 08 Jun 2021 | 4:35 AM IST

Divergence in revenue estimates due to early Budget or lack of discipline?

Provisional actuals of the Budget for 2020-21 have once again varied sharply from the revised estimates. The variation provides fiscal cushion, but also raises several questions

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Updated On : 03 Jun 2021 | 5:15 PM IST

For every rupee in government kitty, 53 paise to come from taxes

36 paise from borrowings and other liabilities for every rupee in the government coffer

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Updated On : 01 Feb 2021 | 3:24 PM IST

A three-pronged strategy

Lay out a credible fiscal consolidation plan, reverse tax buoyancy decline, and boost non-tax revenues

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Updated On : 01 Dec 2020 | 9:38 PM IST