Question

What are the source of public revenue​

Answer 1

Answer:

taxes, prices, fees, fines and penalties, gifts , grants, special assessment

Explanation:The government derives revenue in different ways from the public. The common methods of raising the resources are taxes, prices, fees, fines and penalties, gifts , grants, special assessment. Generally, tax revenue and non-tax revenue are considered as the sources of government revenue.

Answer 2

Answer:

The source of public revenue comes in direct taxes, which includes income tax, wealth tax, and property tax, and in the form of indirect taxes, which includes goods and services tax and service tax.

Explanation:

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