Which of the following is a non-tax revenue for the government?
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Custom duty
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Estate duty
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Excise duty
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Grants in Aid
D
Correct answer
Explanation
It is a non-tax revenue.
The grants in aid are non-tax revenue for the government. The grants in aid are the aid or assistance received from foreign countries as well as from international organisations. It is not a tax imposed on anything. Hence, it is non- tax revenue for the government.