public revenue and its sources
- 1. Group Members Murtaza Ali Farasat Ali Muhammad Baqir Zain Ul Abideen Presentation Topic Public Revenue , Its Sources And Its Role In Development Of A Country
- 2. OUTLINE What Is Public Revenue What Are The Sources Of Public Revenue Role Of Public Revenue In Economic Development
- 3. PUBLIC REVENUE Public Revenue Means Income Of Government Through All Sources In A Year Also Known As Public Income • Lorem ipsum: 10%-17% • Dolor sit amet: 13%- 17% • Consectetur: 5%-10% • Adipiscing: $25 service fee • Etiam aliquet: 30%-33%
- 4. SOURCES OF PUBLIC REVENUE 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 Series 1 Series 2 Column1 Taxes 1)Direct tax 2)Indirect Non-taxes 1)Fees 2)Fines 3)Gift and grants 4)Interest and dividend 5)Special assessment 6)Currency and mintage
- 5. TA X E S It is the most important and major source of public revenue taxes are compulsory payment
- 6. DIREACT TAX INDIREACT TAX Direct Tax refers to the tax which is paid directly to the government by the person on whom it is imposed Indirect tax is a form of tax that is paid by the taxpayer to the government, but the amount of tax is recovered from another person, who gets the benefits
- 7. NON-TAXES Fees Fines Gift and grants Currency and mintage Special assessment None tax revenue is earn by government all the sources other then taxes
- 8. FEES
- 9. FINES
- 10. GIFT AND GRANTS
- 13. Role Of Public Revenue In Economic Development
- 14. Role Of Public Revenue In Economic Development Any public authority or government needs income for the performance of a variety of functions Social benefits Infrastructure Educational institute Hospitals Subsidies GDP of country increase Standard of life increase No need to borrowing
- 15. Thank You
- 17. Public expenditure is spending made by the government of a country on collective needs and wants, such as pension, provisions, security, infrastructure, etc.
- 18. Types / classification of public expenditure Capital And Revenue Plan And Non Plan Expenditure Development And Non Development Expenditure
- 19. Capital And Revenue Capital And Revenue expenditure Create assets and reduce liability of country i.e. transport , school etc. Revenue No Create assets and no reduce liability
- 20. Plan And Non Plan Expenditure Plan And Non Plan Expenditure All expenditures done in the name of planning (i.e. Five Year Plans) were called plan expenditures. Non-plan Expenditure: All expenditures other than plan expenditure were known as non-plan expenditure
- 21. Development And Non Development Expenditure Development And Non Development Expenditure It refers to expenditure on activities which are directly related to economic and social development of the country Non-developmental expenditure. It refers to government expenditure incurred on essential general services of routine nature like defense, administration, etc.
- 22. Thank you