All type of income received to government is called .............. income.

Related MCQs

• If with the increase in income, the percentage of income collected as tax remains constant, tax will be called
• The ratio of change in the national income in relation to the change in government spending that causes it is referred to as:
• The tax levied by the union government on income of individuals is known as
• What is the biggest source of Income for the Central Government in the Union Budget 2020-21?
• Which of the following occurs when all taxes and other revenues exceed government expenditures for a year?
• The objective of taxation by the Government are –
• ............ tax is in the jurisdiction of the Central government.
• Expenditure incurred by the Government on building durable assets, like highways, multipurpose dams, irrigation projects are in the nature of
• The principle of public expenditure that requires that Government should avoid shortfall of revenue in comparison with its expenditure is termed as
• Government budget is balanced when