A study on revenue and expenditure position of the Government of India

Abstract : Tax revenue and non-tax revenue are the major sources of the revenue receipt of the Government. Its volume is determined by the needs and policies of the Government. The Government expenditure is ever demanding and ever ending due to implementation of many populist programmes in the country that is, the expenditure is increasing due to expanding State activities which pilot to a change in government revenues with reasonable tax level. It is noted that the determination of public expenditure leads to consequent increase in tax burden within the community. This article attempts to analyse the revenue position of the Government of India during the post-reform periods and highlighting the Covid-19 periods.