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    Presentation Topic: Public Revenue: Submitted To: Dr. Shiv Kumar Submitted By: Manpreet Kaur 7229

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    Manpreet kaur
    This document discusses sources of public revenue for governments. It identifies two main sources: tax revenue and non-tax revenue. Tax revenue comes from direct taxes like income tax, which the taxpayer directly bears, and indirect taxes like sales tax, which get passed on to consumers. Non-tax revenue includes profits from public sector enterprises, administrative fees, interest receipts, and revenue from organizations like railways and the central bank. The document also notes capital receipts as a source, which include internal and external borrowing, loan recoveries, and funds from small savings programs.

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    Presentation Topic: Public Revenue: Submitted To: Dr. Shiv Kumar Submitted By: Manpreet Kaur 7229

    Uploaded by

    Manpreet kaur
    55 views21 pages
    This document discusses sources of public revenue for governments. It identifies two main sources: tax revenue and non-tax revenue. Tax revenue comes from direct taxes like income tax, which the taxpayer directly bears, and indirect taxes like sales tax, which get passed on to consumers. Non-tax revenue includes profits from public sector enterprises, administrative fees, interest receipts, and revenue from organizations like railways and the central bank. The document also notes capital receipts as a source, which include internal and external borrowing, loan recoveries, and funds from small savings programs.

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    Public revenue

    Original Title

    Public Revenue

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    This document discusses sources of public revenue for governments. It identifies two main sources: tax revenue and non-tax revenue. Tax revenue comes from direct taxes like income tax, which the taxpayer directly bears, and indirect taxes like sales tax, which get passed on to consumers. Non-tax revenue includes profits from public sector enterprises, administrative fees, interest receipts, and revenue from organizations like railways and the central bank. The document also notes capital receipts as a source, which include internal and external borrowing, loan recoveries, and funds from small savings programs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    55 views21 pages

    Presentation Topic: Public Revenue: Submitted To: Dr. Shiv Kumar Submitted By: Manpreet Kaur 7229

    Uploaded by

    Manpreet kaur
    This document discusses sources of public revenue for governments. It identifies two main sources: tax revenue and non-tax revenue. Tax revenue comes from direct taxes like income tax, which the taxpayer directly bears, and indirect taxes like sales tax, which get passed on to consumers. Non-tax revenue includes profits from public sector enterprises, administrative fees, interest receipts, and revenue from organizations like railways and the central bank. The document also notes capital receipts as a source, which include internal and external borrowing, loan recoveries, and funds from small savings programs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 21

    PRESENTATION

    TOPIC:
    PUBLIC REVENUE
    Submitted to: Dr. Shiv Kumar
    Submitted by: Manpreet Kaur
    M.Com-1
    7229
    PUBLIC
    REVENUE
    PUBLIC REVENUE
    MEANING
    Government needs to perform political, social and
    economic duties so as to maximise social and
    economic welfare. In order to perform those duties
    and functions govt requires large amount of resources .
    • These sources of revenue to the government,viz
    central, state and local government, are called public
    revenue.
    SOURCES OF PUBLIC REVENUE
    ☆ TAX REVENUE

    • Tax revenue is the income that is gained by


    government through taxation.
    • Two sources of tax revenue
    1. Direct tax
    2. Indirect tax
    • DIRECT TAX:
    •A tax is said to be direct, if the tax payer bears the
    burden of tax. He can’t shift the burden to any other
    person. Example – income tax, wealth tax
    and gift tax.
    •INDIRECT TAX :Indirect tax is shifted by the tax
    payer to other. If sales tax is imposed on sugar, the
    producer or dealer who pays it passes it on to the
    next buyer and ultimately the burden is borne by
    consumer. Examples- sales tax
    MERITS OF DIRECT TAX:

    •Equity
    •Certainty
    •Creat public consciousness
    •Relatively elastic
    •Anti inflationary
    DEMERITS OF DIRECT TAX
    MERITS OF INDIRECT TAX
    DEMERITS OF INDIRECT TAX:
    ☆ NON TAX REVENUE:
    •Non tax revenue includes all revenue other than
    taxes, accuring to the government.
    •Revenue mobilised from sources other than
    taxes are called non tax revenue.
    •Profit from PSU,Administrative fees , fines&
    forfeiture, hidden resources, escheats, financial
    aid gift, public debt, capital gain funds are non
    tax revenues .
    1. PUBLIC ENTERPRISES:
    • The central government owns a large number of industrial and
    commercial establishments. When they earn profits it would become
    part of their revenue. In 1950-51 it would amount to RS.23 crore and
    it would went up to Rs.18969 crore.

    2. INTEREST RECEIPTS: Government


    gets revenue in the form of interest and dividend
    from its financial investment and it is also a part of
    revenue of the government.
    3. ADMINISTRATIVE REVENUE:
    • Government charges some fees from the people of the country
    for providing them some special service. For example, registration
    fees of birth and death, passport fee, fees paid in government
    school and colleges, fee paid in government hospitals etc.

    4.RAILWAY POST AND TELEGRAPH: Railway


    post and telegraph are owned by the government. So
    any profit genrated by theses enterprises also form part
    of government revenue.
    5. RESERVE BANK OF INDIA:

    • RBI is the apex institute which is regulated by the


    government so all the profits earned by the central
    bank belongs to government.
    6.ESCHEAT : It refers to the confiscation of that
    property by government which doesn’t have a legal
    heir.
    ☆CAPITAL RECEIPTS:
    • Capital recipts create liability for the government and
    cause reduction in the asset of the government. These are
    non reccuring in nature.
    1. INTENAL AND EXTERNAL BORROWING:
    Government takes loan from the public of the country,
    central bank or other economic units of the country.
    Likewise it also borrows from government of foreign
    countries and international financial institutions.
    2. LOAN RECOVERY
    •When government grants loan to any other
    economic unit , there is reduction in the asset of
    government. But when government recovers this
    loan, there is increase in capital and asset of the
    government.
    3. SMALL SAVINGS: Government raise funds
    from their public by issue of national saving certificate,
    vikas patras, post office deposits etc.
    CONCLUSION
    THANK

    YOU

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