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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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In the first eight months of the year the Ministry of Mines and Energy has already surpassed its annual target for non-tax revenue collection from sand dredging and construction material-related mining operations, collecting 117 percent of the $6.6 ...
Only six of these top oil producers are members of the Extractives Industry Transparency Initiative (EITI), which provides public access to information related to countries' oil production, contracts and oil revenues. As a result, it is especially ...

The fact that the latest auction of spectrum for the telecom industry saw only 40% of the spectrum on offer being sold is obviously a big disappointment for the government. In particular, the ... Government must look at auctions as a way of ensuring ...
The Director of finance, Abdulai Conteh also stated that the NRA is always prepared to implement tax reforms that would increase government revenue. With support from the Ministry of Finance, progressive tax policies such as recent policies on duty ...
Lower than expected collections from the spectrum auction, which concluded on Thursday, will not dent the government's fiscal math, finance secretary Ashok Lavasa told BloombergQuint.

"Mumbai collector has appealed to these lessees to renew (the agreement) or the government will take their properties back.
The rising fiscal deficit due to muted growth in non-tax revenue, dismal response to the just-concluded telecom spectrum auction and ambitious divestment target are prompting Economists to track the government's stance on the capital expenditure (capex ...
You may not need an EpiPen, but you're still paying for it. In fact, you're their biggest customer. "The majority of Mylan's EpiPen revenue growth came from Medicare and Medicaid," Senator Chuck Grassley told NBC News in a statement after the Iowa ...
The official ballot summary for Proposition 64 says the measure could generate up to $1 billion in new tax revenue annually for state and local governments. Only time will tell if this is true, but voters - regardless of how they plan to vote - would ...
The majority of Mylan's EpiPen revenue growth came from Medicare and Medicaid." "For whatever reason, Mylan's results indicate it found more success selling EpiPens through government programs than through the private insurance market," the senator ...
A revenue bond is paid off with revenues from the project that the bonds financed. ... Prop 53 does not affect local projects or projects for U.C.
City Council moves forward with proposal for a half-cent sales tax increase; voters will get final say next year.
It resulted in the loss of hundreds of thousands of jobs nationwide and a decline in tax revenues at all levels of government. Second, there were the cuts in state funding for local governments that affected counties, cities, townships and villages ...
WATCH ABOVE: The New Brunswick government is remaining tight lipped regarding the federal government's recent carbon pricing announcement; although they're promising it won't come at the expense of taxpayers.
The quality of the central government's expenditure has deteriorated significantly. This was only to be expected, given the increase in revenue expenditure on account of the hike in government salaries. capital expenditure went down slightly over April ...
The British financial industry could lose up to 38 billion pounds ($48.34 billion) in revenue in a so-called 'hard Brexit' that would leave it with restricted access to the European Union's single market, according to a report on Tuesday commissioned ...

The Nigerian government is demanding $406.75 million minimum from Shell petroleum Development Company of Nigeria Limited and its surrogate Shell Western Supply & Trading Limited over alleged crude oil theft.
State general revenue helps fund much of state government and state support for the public schools. Hutchinson said collections of individual income taxes "continue to do well despite the $100 million tax cut [enacted] last year" and that those ...
With the latest development, we estimate total revenues generated by the tax amnesty program will be around Rp 120 trillion by the end of this year, still falling short of the government's target because most of the asset declaration has been done in ...
It attributed the shortfall to under-performance of non-oil sources independent revenues and Federal government's share in company income tax (CIT) collections which were less than N646.32 billion and N271.76 billion projected, respectively. ... Other ...
The federal government announced Monday it would be establishing a "floor price" of $10 a tonne on carbon pollution in 2018.
The tax Foundation finds the plan will raise the GDP growth rate by almost 1 percentage point over a decade, and that means lots of jobs and additional tax revenue for the government. The best way to balance the budget is to put Americans back to work.
Recent experience shows how mineral revenues can swing wildly with fluctuations in energy markets; overall, state severance tax and royalty revenues are roughly half their peak in 2008. When the fracking revolution and other factors sharply lowered ...
BHUBANESWAR: Even as revenue receipt of the State increased by Rs 8,051 crore in 2014-15, Odisha sustained a revenue loss of about Rs 11,666 crore due to inefficiency in revenue administration. The Comptroller and Auditor General (CAG) has rapped ...
Make no mistake though .......... this government is running short of revenues. Its low tax, business friendly regime is predicated on fast economic growth (guess why the influx of foreign workers) and will come under pressure with the new normal of no ...
New Delhi: finance minister Arun Jaitley said on Saturday the success of the Income Declaration Scheme would lead to greater tax compliance and provide much needed revenue for the government to spend on infrastructure and social and rural ... Tax ...
... controversial statements from its chairman, Paul Major, who on Tuesday told reporters that Bahamas Junkanoo Carnival was never designed to be a "profit exercise," stressing that it is focused on reducing government investment and increasing revenue.
The bombings by the Niger Delta Avengers (NDA) has given the Bayelsa State economy a severe blow, according to figures released by the State government. The figures, released by Bayelsa State Deputy Governor John Jonah, showed that the derivation ...
However, the government wants to keep an average of $30 per year that should be returned to the taxpayers because of TABOR (state constitutional limits on revenue and spending). According to those same politicians, that amount of money is minuscule, ...
Also, he said the DOF would send Bureau of Customs (BOC) personnel to exporting countries not only to reconcile The Philippines' trade data and determine why there were discrepancies but also "to plug possible leakages and allow the government to ...
It also causes to the government loss of revenue which is otherwise used for welfare measures like, say, the scheme for free bicycles and uniform to schoolchildren.
Marshall discussed in his address county government finances and the rationale behind the county commissioners hiring a consulting firm to look into ways of boosting revenue to keep up with the ever-increasing costs of operating county government. He ...
According to data from the Internal Revenue Service, in August 2016, industrial production fell by 6.6 percent while sales of goods and services declined by 10.17 percent.
We've had decades of angst over whether Hawai'i is "tax hell," spends way too much government money, and has way too many local government workers. However, absolutely none of those things is true, and for the most part has not been true since at least ...
The WPRI, going back to 2002, in a report on casino gambling titled "Not exactly a fair share," has advocated full disclosure of casino revenue as a means to empower tribal members and local governments in making decisions regarding the provision of ...
Nairobi - The central bank of Kenya says County governments can only borrow five percent of their revenue to plug any shortfall they may have.
After seven straight deficits and a doubling of the provincial debt, the NDP's projected core government shortfall for 2015-16 - originally pegged at $421 million - more than doubled.
The Fitch report supports this view in its finding that "Given recent declines in casino revenue transfers, Fitch believes general fund revenues are likely to grow more slowly than the rate of inflation going forward." The next administration will have ...
The SABC has again recorded a loss of over R400 million in revenue, according to CEO, James Aguma. Aguma announced this at a briefing of the SABC's 2015/16 financial results.
However, now that the government wants to keep an average of $30 per year that should be returned to the taxpayers because of TABOR (state constitutional limits on revenue and spending). Well, according to those same politicians, that amount of money ...
Oman's budget deficit for the first seven months of 2016 rose by 68.3 per cent to OMR4,023.3 million. x. Oman's budget deficit for the first seven months of 2016 ...
They both have employees. Both provide services; some Corporations provide products. If you want to talk about how expenses can't exceed revenue, that's a simple concept. ... Would someone explain the government's profit margin for protecting the U.S ...
States with active mining of solid minerals in their domains are to receive 13 per cent derivation revenue, just as their counterparts in oil and gas producing areas, the federal government has said. The Minister of Mines and steel Development, Kayode ...
It must be a sign that the local economy is recovering - City Council has to worry that a surge in sales tax or other new money could crash the city budget into ...
Prohibition is a bad idea, and the latest attempt in Kerala proves it yet again.
Stamp Checker will be used to verify whether an Excise stamp on excisable products are genuine. The app would help combat illicit goods and boost revenue as well as protect buyers from harmful counterfeit goods. The application is available for ...
The Saudi government announced the first ever pay cuts to public sector employees in an attempt to curtail high state spending as oil, the driving force behind the nation's economy, brings in lower revenues. Falling oil prices have left the government ...
Kochi: At a time when the state government is putting on hold all controversial decisions taken by the previous UDF government, the revenue department is going ahead with the procedures to execute the previous government's order to assign Greater ...
... a level playing field for the locals to compete. For Baidu, this state protection came in the form of censorship. According to my book of ancient history, global companies like Google - Alphabet (Nasdaq:GOOG) (NASDAQ:GOOGL) today - were required by ...


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