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 government revenues

government revenue is money received by a government. It is an important tool of the fiscal policy of the government and is the opposite factor of government spending. Revenues earned by the government are received from sources such as taxes levied on the incomes and wealth accumulation of individuals and corporations and on the goods and services produced, exports and imports, non-taxable sources such as government-owned Corporations' incomes, central bank revenue and capital receipts in the form of external loans and debts from international financial institutions.

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updated Tue. June 27, 2017

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Parents at Stillwater Christian school in Kalispell sued the Department of Revenue, saying the rule was discriminatory. Last month, District Judge Heidi Ulbricht of Kalispell ruled in their favor, saying tax credits to people donating scholarship funds ...
The expectation of the government as outlined in the budget statement and economic policy for 2017 is a projected growth in revenue of about 33 percent. Without prejudice to the trends occurring in the quarterly revenues accruing to the state, one ...
Two more pueblos have joined a lawsuit to stop New Mexico's government from claiming tens of millions of dollars in back revenue from tribal casinos. The New ... "And the gaming revenues are a substantial source of support for governmental services.".
The remaining 134 members could do more with less, the way all other government employees are doing amid budget cuts, mid-year revenue shortfalls and the loss of more than 2,000 workers. Of course it's unlikely the political party in charge is going to ...
Giving in to the demand by farmers which was backed by its rivals and allies, the Devendra Fadnavis-led BJP government in Maharashtra has finally decided to write off loans of 40 lakh farmers in Maharashtra.
Bevin said he wants to call lawmakers back to Frankfort later this year to hammer out a plan that would help the state generate more revenue through economic growth and eliminating tax breaks. Republican ... Bevin sent a letter to state lawmakers ...
Christie has promised to support the Democrats' school plan, but in exchange for the passage of two bills: The Horizon bill and another that use state lottery revenue to help shore up New Jersey's beleaguered public-worker pension system. The governor ...
Dannel P. Malloy asked legislators to consider nearly $320 million in revenue increases to mitigate the massive cuts he would be forced to impose if Connecticut enters the new fiscal year Saturday without a budget.
Conversely, tax revenues are often used for general governmental purposes and not specifically for the cost of providing some specified service.
Not long after declaring independence from the British, each of the 13 original colonies established lotteries to raise revenue for their nascent governments. And lotteries contributed an overwhelming portion of government revenue. Part of the reason ...
In what seems like a move to avoid paying Goods and Service tax (GST) to the Centre on bar licence fee, the Andhra Pradesh government introduced a new bar ...
The price of oil is climbing back from its low point in early 2016, when rates plunged after a years-long boom, depleting the state's finances and weakening the economies of oil patch communities.
One would use state lottery revenue to help shore up New Jersey's beleaguered public-worker pension system. The other would extract $300 million from the reserve fund from the state's largest health insurance company, Horizon Blue Cross Blue Shield of ...
Nashville - Tennessee fuel taxes are generating more revenue than expected, with a rate increase scheduled to take effect Saturday, according to tax collection figures for May released by finance Commissioner Larry Martin last week.
Sources said for receiving compensation, the heirs of these eight Jagirs should have furnished to the government the details of the revenue (income) from the land for at least 10 years prior to 1949 (the year the abolition of Jagirs came into force ...
TelOne plans to grow revenue from broadband after its top line plunged 17 percent to $114 million last year, while remaining nearly flat in the first five months of ...
Since January 27, 2017, the Lafayette Consolidated government (LCG) Funding Evaluations/finance Liaison Committee has conducted a total of 14 meetings and presentations to discuss and assess Lafayette Parish property taxes and revenue shortfalls ...
The remaining 134 members could do more with less, the way all other government employees are doing amid budget cuts, mid-year revenue shortfalls and the loss of more than 2,000 workers. Of course it's unlikely the political party in charge is going to ...
Norman public schools' Chief Financial Officer Brenda Burkett is trying to close out the 2016-2017 Fiscal Year budget while the year's revenue and expenditures are still in flux. Burkett shared the budget as it currently stands with the NPS Board of ...
Much of Shee Atika's revenue loss occurred after 2011, the most recent year the company benefited significantly from government contracting. Through a subsidiary called Shee Atika Languages, the company was involved in a partnership with Global ...
The report looked at how much the state's 19 borough governments rely on state aid, and how vulnerable those local budgets are to Alaska's budget shortfall.
Revenue collection from real estate transactions overshot the target after the government jacked up land registration fees.
The Court has interpreted this general rule to mean that a statute that creates a particular governmental program and that raises revenue to support that program, as opposed to a statute that raises revenue to support Government generally, is not a ...
"Except for generating the revenue to the government, the liquor business has got nothing to do with the welfare of the public in any manner.
The national government's fiscal balance swung back to a deficit in May as public spending outpaced revenue collections, the Bureau of the Treasury reported ...
With the storm clouds of Brexit looming, a new pay deal all but agreed and an unexplained weakness in tax revenue ongoing, the Economic and Social Research Institute (ESRI) issued an unusually stern warning this week about the need for budgetary ...
Nigeria derives its two-third of revenue from oil, however it was hit hard by the fall in global crude prices since mid-2014 and attacks on oil infrastructures in Niger Delta last year.
Nigeria's distributable government revenues rose to 462.4 billion naira in May from 415.7 billion naira in April due to higher proceeds from corporate taxes.
Joy was found hanging late on Wednesday night at the government office where he and his family have been battling revenue officials for the past two years. Following a huge public outcry over the incident, village revenue assistant Sirish was suspended ...
Bhopal: Madhya Pradesh government is likely to gain, rather than lose, once the Goods and Services tax (GST) is rolled out on July 1. According to advance estimates of the government, it may not suffer any revenue loss. As per the calculations ...
Three pueblos owe New Mexico a combined $40 million under a long-disputed interpretation of an old agreement for sharing revenue from tribal casinos, state regulators said. The Tesuque, Sandia and Isleta pueblos have asked a judge to block the state ...
Under the government's tax Reform for Acceleration and Inclusion (TRAIN) program, projected gains from the VAT expansion (for fuel, automobile, and ...
The federal government's non-oil revenue projections in the 2017 budget are unrealistic, when viewed in the context of past budgets, a report by the Time economics, a research-focused firm has stated.
Similarly, in 2016, the Norwegian government voted to ban any palm oil products purchased by its central and sub-central governments. This follows the country's support for the New York Declaration on Forests launched during the 2014 Climate Week in ...
Officials said the deal will ensure the collection of more than $2 million in taxes for the government, which is struggling with revenue shortages as the island tries to emerge from a 10-year-old recession. The government is trying to restructure a ...
VICTORIA - B.C.'s Liberal government delivered what is likely its last gasp in power Thursday, with a throne speech that borrowed heavily on ideas from opponents and pledged "humility" to voters.
The State government is contemplating administrative changes in treasury and other departments shortly to cut down the revenue expenditure.
State spending has grown to comprise nearly 30 percent of all revenue for Alaska's local governments in recent years, according to a report from the University of Alaska Institute of Social and Economic Research published June 19.
Undoubtedly, revenues from tax has not being enough as a result of the fact that, tax officials have failed to cover most eligible tax payers into its data base and the tax base not really a true reflection of what individuals should pay.
"In 2016, total half year revenues from these sources were 54 per cent below projections. Although the government reduced its expected revenue from these sources from N1.392 trillion to N1.373 trillion, its projection is still quite unrealistic. "These ...
"No cooked up figures, no fudged data. I have been honest to the core while presenting the Budget," Punjab finance Minister Manpreet Badal told The Tribune in an interview today.
As a presidential candidate last year, Trump had to disclose his sources of revenues. Now in office, the president has voluntarily updated the information about ...
The expectation of the government as outlined in the 2017 budget statement and economic policy for 2017[1] is a projected growth in revenue of about 33 percent. Without prejudice to the trends occurring in the quarterly revenues accruing to the state ...
A new report from the C.D. Howe Institute says changing the financial structure of Canada's major ports could raise much needed infrastructure money and ...
"In view of the severe financial stress in the sector and rapidly declining revenues of all major telecom service providers, revenue targets for DoT for budget estimates 2017-18 will actually require a downward revision," said Mitra. With heavyweight ...
The second 30-day special session ends Wednesday, and Gov. Jay Inslee is expected to call lawmakers back immediately to start a third special session.
Krupp also identified the department's outdated Revenue Processing System as a significant challenge to providing Hoosiers the tax information they want, and rightfully are entitled to have, concerning their payments, refund status and other tax questions.
The NSW government has lost at least $1.3 million due to an Opal card loophole that allows users to tap off with a negative balance and throw away the card, ...
Summit County government expects budget squeezes in upcoming years as internal forecasts show expenditures running ahead of revenue increases. While county property tax and other local revenue sources are up this ... County general fund expenditures ...
Abuja, June 19 (Reuters) - Nigeria seeks to improve its collection of revenues from taxes and customs duties to fund the country's record 7.44 trillion-naira ($22.99 billion) 2017 budget, the minister of budget and national planning said on Monday ...


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government revenues