Animated Presentation On Sources Revenue For Government

3. The income of the government from all its sources is called
public revenue.
According to Dalton has defined public revenue as public
receipts in a broad sense and public revenue in a revenue sense.
Tax Revenue
Non-tax revenue
Commercial revenue
Administrative revenue
Grants and gifts
Other income

4. TAX
REVENUE
NON-
TAX
REVENUE
REVENUE
RECEIPT
Collected for 2011-12

5. 0
100000
200000
300000
400000
500000
600000
700000
800000
900000
1000000
2008-092009-10 2010-11 2011-12 2012-13
Revenue Receipts
Capital Receipts
Collection of receipt during year
2008-2012

6. What do you mean by TAX ?
“The tax is the price which each citizen pays to
the state to cover his share of the cost of the
general public services which he consumes.” - De
Marco

7. TAX REVENUE
DIRECT TAXES INDIRECT TAXES
CORPORATION
TAX
INCOME TAX EXPENDITURE
TAX
SERVICE TAX
CUSTOM DUTIES
EXCISE DUTIES
SALES TAX

8. Direct Taxes
Corporation Tax
Income Tax
Service Tax
Expenditure Tax
These taxes against profits earned by businesses
during a given taxable period. The contribution
made by corp. tax is : 359,990.00 crore.
A tax that governments impose on financial income
generated by all entities within their jurisdiction. The
contribution made by corp. tax is : 172,026.00 crore.
It is a tax which is payable on service provided by the
service provider. The contribution made by corp. tax
is : 82,000.00 crore.
Expenditure tax is a taxation plan that replaces the
income tax .This tax is based on the rate of spending.
The contribution made by corp. tax is : 52,900.00 crore.

9. 0.00
50,000.00
100,000.00
150,000.00
200,000.00
250,000.00
300,000.00
350,000.00
400,000.00
Corporation Tax Income Tax Service Tax
Revised 2011-12
Budget 2012-13
Budget of Direct Taxes

10. Indirect Taxes
CUSTOM DUTIES
EXCIES DUTIES
SALES TAX
Customs Duty is a type of indirect tax levied
on goods imported into a country as well as on
goods exported from a country.
Excise duty is the indirect tax levied by the state
on the manufacture or production of goods in
India .
Sales Tax is a tax, levied on the sale or
purchase of goods.

11. 0.00
20,000.00
40,000.00
60,000.00
80,000.00
100,000.00
120,000.00
140,000.00
160,000.00
180,000.00
200,000.00
Revised 2011-12
Budget 2012-13
Budget of Indirect Taxes

12. Heads In Cr.
Corp Tax 359,990.00
Total Taxes on
Income
172,026.00
Wealth Tax 635.00
Customs 151,700.00
Net Union Excise
Duties
164,115.66
Total Service Tax 82,000.00
Total taxes on UT 1,973.22
Total Tax Revenue 932,439.88
Total tax revenue collected (2011-12)

14. 1,72,026.00 crores from Income Tax

15. Non-tax revenue
Government revenue other than tax revenue is called tax revenue.
Non-tax revenue
Commercial revenueAdministrative revenue Grants and gifts Other income

16. Administrative Revenue
Fees FinesEscheat
A fee is a payment
to the government
for the services
that is renders to
the people.
It refers to that
income of the
state which arises
out of the property
left by the people
without a legal
heir.
Fines are those
payment which is
made by law
breakers to the
government by a
economic
punishment

17. Meaning:- If on account of government activities a value of any
property increases and if government levies a tax on this enhanced
value, it is known as special assessment .
According to Taylor,
“Special assessment are charges imposed upon
property benefited by such improvements the
amount of charge been determined by pro-rata or
pro-rata benefits ”
 When government undertakes certain activities of public
improvements like construction of roads etc. they may confer
the
1.Common benefit to the community as a whole, and
2.Special benefit for those whose properties are taken.

18. Grants and Gifts
Gifts are voluntary contribution from private individuals to the
government fund for specific purposes. In federal countries,
the central government gives grants-in –aid to the
state government and the state government gives grants to
the local bodies for carrying functions successfully, or for
undertaking specific activity. These grants may be
unconditional as well as for specific purposes.
Grants are received from foreign countries in the form of
foreign aid, which may be military economy and technical
type.

19. Commercial revenue
All types of revenue which are derived by
government from public enterprises by
selling their goods and services are called
commercial revenue.

20. Other Incomes
Other Incomes of the government includes the following –
• Income from Public Property - Government gets income every
year from all the public property. Example- Agricultural income and
income from forest and mines etc.
•Deficit Financing – It is also one of the sources of financing and
government expenses. These excess amount may be used for public
welfare .
•Duties – Duties are levied in intoxicate articles, so that the
consumption of such articles may be minimized. Such duties are
collected on liquor, opium, Bhaang etc.
•Voluntary Loans – Loans are taken for meeting out the expenses.
It may be voluntary or compulsory.
•Rates – Whenever a tax is levied by local bodies and its
boundaries, it is known as rates. The rates differ from place to
place.

21. Total Non-Tax collected (2011-12)
Heads In Cr.
Interest Receipt 19,577.78
Total Dividends and
Profits
42,623.68
Total Fiscal Services 127.82
General Services 11,494.36
Total Social Services 2,353.90
Economic Services 45,915.27
Total Grants in Aid 2,172.96
Non Tax Revenue of UT 1,169.35
Total Non Tax Revenue 125,435.12

22. Market Loans
External
Assistance
Recovery Of
Loans and
Advances
Disinvestment
Open market borrowings through auctions and other
instruments.
Loans from friendly foreign countries and international
organizations.
Recoveries from different levels of government and
PSU’s.
Transfer of shares from PSU’s to general public.
Capital Receipts
In India, capital receipts of the government budget are further classified as under:
Small Savings
P.F. and other
deposits
These include Post Office deposits ,NSS , NSC ,KVP etc.
Deposit scheme for retiring government and PSU employees

23. Heads In Crores
Net Recoveries of Loans
and Advances
15,020.00
Misc. Capital Receipts 40,000.00
Net Short Term
Borrowings
358,000.00
Securities against Small
Savings
24,182.46
Net State Provident
Funds
10,000.00
Net Other Receipts
(Internal Debts)
(13,865.89)
Net External Debt 14,500.00
Draw Down of Cash
Balance
20,000.00
Net Market Stabilization
Scheme
20,000.00
Total capital receipt collected (2011-12)

27. World bank

34. 14258
15493
521980
2011-12
Recoveries Of
Loans
Other Receipts
Borrowings and
Other Liabilities
11650 30000
513590
2012-13
*Note – Values in Crores

36. Consumer’s Tax Burden

37. Capital Receipts
Capital receipts of the government are those monetary receipt which
satisfy the following two characteristics:
* These receipts create a liability for the government.
* These receipts cause a reduction in the assets of the government .

38. Government Receipts

39. SOURCES OF
REVENUE
TAX RECEIPTS NON-TAX RECEIPTS
CORPORATION TAX
INCOME TAX
SERVICE TAX
CUSTOM DUTIES
EXCISE DUTIES
SALES TAX
FINES
ASSESSMENT
INCOME FROM THE
SALE OF SPECTRUM
INCOME
FROM PUBLIC
ENTERPRISES
FEES
ESCHEAT
GRANTS/
DONATIONS

40. Income Tax
“The tax is the price which each citizen pay to the
state to cover his share of the cost of the general
public services which be will consume.” - De Marco
Why the government actually collects
Taxes?????
Tax Collectors
Service
tax
Corporation
tax Sales
tax

41. Revenue receipts
* .