General revenue is the income a government gets primarily from its taxing authority, not including income from things like...
The revenue deficit is only concerned with the revenue receipts and the revenue expenditures of the government. Obviously, when the government spends more than what it earns has to resort to the external borrowings, thus the revenue deficit results into the borrowings. Symbolically, such financial s...
What is government expenditure in economics?Government:The United States economic policy is primarily regulated through both fiscal and monetary policy. Fiscal policy is the regulation of the governments taxing and spending, whereas monetary policy is the regulation of interest rates and currency....
Profit is the bottom-line comparison of revenues to costs. In general, “revenue” (how much money a company generates) —“expenses” (the costs that come with selling goods or services, employee compensations, office leases) = profit.
A revenue officer is an employee of a government or a public agency who collects delinquent taxes or fees. The job is performed on a case-by-case basis and generally involves directly contacting individuals or businesses that are in arrears on payments. ...
Some contend that a government budget should work no different than a household budget. The problem with this analogy, though, is that governments are able to operate with awhile a household generally cannot. A government budget can, and often does, require the government to spend more money ...
A revenue stream is a form of income in a business or government. Most organizations rely on several revenue streams, such as...
As a state employee, I have found that many local city and county government agencies also use tax revenue as part of its budget to pay employees. If the tax revenue come in low for the year, then it may result in budget cuts or layoffs for the following year. ...
The Internal Revenue Service (IRS) is the U.S. government agency responsible for collecting federal taxes and enforcing tax laws. Most of the work of the IRS involves individual and corporate income taxes. The IRS audits taxpayers randomly or after detecting irregularities in tax returns. ...
If a company buys or gets a long-term lease on a toll bridge from the government, it's got an almost guaranteed steady source of revenue for years and years, which means that if the company decides it wants to sell the bridge to another company, say ten years from now, it'll have ...