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Government revenue

State revenues are funds that are received free of charge and irrevocably in accordance with the current classification and current legislation to the state budget. The material basis of state budget revenues is the national income, that is, the part that is subject to centralization in the budgets of various levels. The budget contains the main part of state financial resources, which take the form of budget revenues. If the revenue part of the state budget exceeds the expenditure part, then a surplus of the state budget is formed, if on the contrary-a deficit.

  • The revenue part of the state budget is formed from:
  • Tax revenue
  • income tax, income tax;
  • contributions to state social funds;
  • taxes levied depending on the salary Fund;
  • property tax;
  • indirect taxes on goods and services;
  • taxes on foreign trade and foreign economic operations;
  • other taxes, fees and duties.
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