How does the Indian government earn every single rupee?

published 1 year ago

How does the Indian government earn every single rupee?

How the Indian government earns every single rupee. In this news package, you can see in paisa terms which methods a rupee comes from.

Union Finance Minister Nirmala Sitharaman has presented the Interim Budget in Parliament. This budget contains the details regarding the revenue and expenditure of the Government of India.

In that way, the central government has released the details of how every rupee earned by the Indian government.

Details:

28 paisa revenue is generated through borrowings and other liabilities.

19 paisa through income tax
7 paisa through non-tax receipts
1 paisa through non-debt capital
4 paisa through customs duties

You can also read this.. How does the Indian government spend every rupee? Here is the data

18 paise by other taxes including GST
17 paise through Corporation Tax
5 paise by Central Excise

Details of how the government earns a total of 99 paise have been published by Indian Govt.

 

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