WHAT IS NON-TAX REVENUE

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 on the loans or funds offered to states.
The difference between tax revenue and non-tax revenue is that the former is charged on income earned by an entity, which is a direct tax and on the value of transaction of goods and services, which falls under indirect tax.
On the other hand, non-tax revenue is charged against services provided by the government. It is mandatory to pay a part of the income generated and the amount of goods and services consumed as tax. However, non-tax revenue becomes payable only when services offered by the government are availed of.
There are various services provided by the government that become sources of non-tax revenue, such as police services, electricity, municipal services, etc. These sources become a medium of non-tax revenue for the state government concerned.
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NON-TAX REVENUE NEWS
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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| February 02, 2022, Wednesday -
Budget 2022 LIVE: Govt to take balanced view on cryptocurrency, says Sanyal
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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), ...| January 17, 2022, Monday -
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| June 08, 2021, Tuesday -
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 ...| June 03, 2021, Thursday -
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| February 01, 2021, Monday -
A three-pronged strategy
Lay out a credible fiscal consolidation plan, reverse tax buoyancy decline, and boost non-tax revenues| December 01, 2020, Tuesday -
Govt collects Rs 84,023 cr non-tax revenue in FY21 so far: Anurag Thakur
The central government has so far collected non-tax revenue of Rs 84,023.78 crore during the ongoing financial year, Minister of ...| September 20, 2020, Sunday -
Govt likely to face shortfall of Rs 10 trn due to coronavirus: Subhash Garg
Elaborating on the fiscal situation, the former finance secretary said that indirect taxes, GST, excise duty on petroleum ...| April 16, 2020, Thursday