Professional Documents
Culture Documents
Resource mobilization as money, support from volunteers material donations for organization or you can get in-kind contribution.
Balance from current revenue at the present rate of taxation Revenue from additional taxation Surplus from public sector undertakings and Retained profits of Central Banks
Domestic Borrowings
Small Savings Provident Fund Annuity Deposits and Compulsory Deposits etc. Loans from public including state enterprises, borrowings from market and term loans from financial institutions Other capital receipts
Deficit Financing
Drawing down the cash reserve of the Governmental from Central Bank Borrowing from Commercial Banks Borrowing from the Central Banks (Mainly used in Deficit Financing)
2. External Sources
Loans from foreign individuals and banks at market rates which depend on the credibility of the borrowing country. Bilateral assistance from friendly countries. Accommodation from internal institutions like IMF (International Monetary Fund ), World Bank, UNDP (United Nation Development Programme) etc.
Keeping the deficit financing as a low level Making proper Administrative Arrangement to successfully complete the assisted projects Improving the general financial and economic management of economy Ensuring good governance in the country
1. Direct Tax
Direct taxes are to be paid by the individual and corporate entities directly to the government.
Individual Taxes The corporate income professional taxes etc.
2. Indirect Tax
Excise tax Custom duties Sales tax etc.
Goel, S. L. (2012). Public Finance Administration. Deep and Deep Publication, New Delhi. Lekhi. (2013). Public Finance. R B S A Jaipur Publication. Mahajan, G. D (2006).Indian Economy. S Chand and Company Private Limited. http:// www.fundforngos.com