Question : Which of the following is an example of tax revenue receipts?
Option 1: Licence fee
Option 2: Capital gain tax
Option 3: Gifts and grants
Option 4: Special assessment
Answer (1)
19th Jan, 2024
Correct Answer:
Capital gain tax
Solution :
License fee, gifts and grants, special assessment, etc are the part of nontax revenue.
Hence Option B is correct.
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