Non-Tax Revenue

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Non-Tax Revenue

Money that a government takes in by means other than taxation. Examples of non-tax revenue include bond issues and profits from state-owned companies. Some government agencies earn non-tax revenue through user fees. For example, a bank regulator may charge the banks that it regulates some percentage of their assets for the privilege of being regulated. Some of these revenues are mandated, while others are offered as an incentive. For example, these banks may be incentivized to pay the fees in exchange for eligibility for deposit insurance.
References in periodicals archive ?
ISLAMABAD -- As many as Rs 4,900,724 million total revenues were collected by the government during the fiscal year 2018-19, including Rs 4,473,422 million tax revenues and Rs427,302 million non-tax revenues, according to official data.
Of the total revenues of Rs4.9 trillion, the government collected around Rs363.94 billion as non-tax revenues during the financial year 2018-19.
Non-tax revenues are planned in the amount of additional 197.7 million KM and the amount to a total of 590.7 million KM,' said Novalic.
Of that amount, tax collections increased by 17 percent last month from P226.9 billion to P317.2 billion, while non-tax revenues amounted to P51.8 billion, also higher by 61 percent compared with P32.1 billion a year before.
Tax and non-tax revenues in May reached P317.2 billion, up 22.5 percent year-on-year thanks to 'improved collections by major revenue generating agencies,' the Treasury said.
The Sindh government estimates the total revenue receipts to increase by five per cent from last year's target of which the share of federal transfers Rs835.375 is expected to be at 74pc, whereas the province's total tax and non-tax revenues are expected to increase to Rs288.70bn up 18pc from target of Rs243.08bn set in the last fiscal year.
ISLAMABAD: The total tax and non-tax revenues increased to Rs3,583.7 billion (9.3 percent of GDP) during first nine months of the fiscal year 2018-19 from Rs3,582.4 billion (10.3 percent of GDP) during comparable period of last year.
Decelerated performance of total revenues is primarily due to marginal growth of 2.8pc in tax revenues and negative growth of 16.7pc in non-tax revenues.
Islamabad -- The revenue collection during the first three quarters of the current fiscal year stood at Rs3,583,737 million, including Rs3,162,132 as tax revenues and Rs421,605 non-tax revenues.
The growth was mainly achieved by non-tax revenues - 13 billion tenge.
Compared to April 2018, CFP revenues increased by BGN 2,144.4 million, with growth being accounted for in both tax and non-tax revenues, as well as in receipts in the part of grants and donations where the grants for the programs and funds of the EU.
On the basis of the estimates, tax revenues reported an increase of BGN 212.1 million, non-tax revenues - BGN 388.2 million, and income from grants and donations - BGN 424.4 million.