Revenue Definition In Government

Governments however also have recourse to raising funds through the sale of their goods and services and because government.

Revenue definition in government. Government revenue income available to the government government income income the financial gain accruing over a given period of time tax. The government also earns revenue from the production of commodities like steel oil life saving drugs etc. They are the charges imposed on persons as a punishment for contravention of a law. Revenues earned by the government are received from sources such as taxes levied on the incomes and wealth accumulation of individuals and corporations and the goods and services produced exports and imports non taxable sources such as government.

The main purpose of these is not to raise revenue from the public but to force them to follow law and order of the country. Revenue definition the income of a government from taxation excise duties customs or other sources appropriated to the payment of the public expenses. Government revenue synonyms government revenue pronunciation government revenue translation english dictionary definition of government revenue. Government revenue as well as government spending are components of the government budget and important tools of the government s fiscal policy.

Other articles where government revenue is discussed. Governments acquire the resources to finance their expenditures through a number of different methods. Here are explain the concept of public revenue. The income that a government or company receives regularly.

Information and translations of government revenue in the most comprehensive dictionary definitions resource on the web. Government revenue or national revenue is money received by a government from taxes and non tax sources to enable it to undertake government expenditures. Government budget government budget revenue. In many cases the most important of these by far is taxation.

What does government revenue mean. Governments however also have recourse to raising funds through the sale of their goods and services and because government budgets seldom balance through borrowing. The income that a government or. A survey produced quarterly by the census bureau that provides estimates of total operating revenue and percentage of revenue by customer class for communication key.

In many cases the most important of these by far is taxation. Governments acquire the resources to finance their expenditures through a number of different methods.