What is Non-Tax Revenue

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

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

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

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

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

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

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

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

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

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

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

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

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

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

What 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

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

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

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

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

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