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NON-TAX REVENUE IN HARYANA: AN ANALYSIS

Journal: IMPACT : International Journal of Research in Humanities, Arts and Literature (IMPACT : IJRHAL) (Vol.5, No. 6)

Publication Date:

Authors : ;

Page : 53-60

Keywords : KEYWORDS: Federal Finance; Revenue; Buoyancy; Deficit;

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Abstract

ABSTRACT India is a federal State and hence has a federal finance system. It implies that each level of Government is entrusted with sources to raise adequate revenue to discharge its functions. A state has its own tax and non-tax resources. Other than that there is contribution from the central Government in the form of share in central taxes and grants-in –aid This study concentrates on the basic structure and analysis of own non-tax revenues of Haryana. The trend has been studied over the last three decades with analysis on reasons for its variations. There is a definite decline in the ability of the state to raise revenue internally in the past ten years. The state of Haryana has also shown a decline in its share of ONTR to GSDP from the level that was obtained in early 1990s.

Last modified: 2017-07-13 20:08:25