1/ The Sultanate's Non-Tax Revenues
Hit Almost RO2 Billion
The State's own resources stand at 21,152 MTD including 18, 510 MTD in fiscal resources and 2,642 MTD in non-tax revenues
The annual growth is due to the higher tax and non-tax revenues
and the foreign aid receipts, which grew by BGN 1 297,3 M and BGN 780,9 M, respectively.
The personal income tax and VAT are the best budget chargers, while the non-tax revenues
give lowest contributions in the state treasury.
75 billion received, reflecting an over-performance of 10% on this parameter and that total domestic tax and non-tax revenues
amounted to K2.
Income from non-tax revenues
are expected to amount to $27 million in 2015.
He said that Sindh Government should emphasize on non-tax revenues
through collection of user charges and fee.
Higher than anticipated non-tax revenues
and expenditure curbs led to the narrower shortfall, both the officials said.
Under a new leader, Noda said, the government may have to ''take provisional tax measures to cover shortfalls'' in revenues, although it should first make sufficient efforts to cut spending and increase non-tax revenues
7 percent and non-tax revenues
improving by 3 percent due to the transfer of telecom receipts.
The budget consisted of state tax and non-tax revenues
collected locally and financial support from the Government of South Sudan (GoSS).
We observe a low to moderate growth in both provincial tax and non-tax revenues
of all provinces (Table 1).