The correct answer is: All of the above.
Haryana is a state in northern India. It is one of the most industrialized states in India, and its economy is based on agriculture, manufacturing, and services. The state government of Haryana generates revenue from a variety of sources, including taxes, non-tax revenue, and capital receipts.
Tax revenue is the largest source of revenue for the state government of Haryana. It is collected from a variety of taxes, including personal income tax, corporate tax, sales tax, and excise duty.
Non-tax revenue is the second largest source of revenue for the state government of Haryana. It is collected from a variety of sources, including dividends from state-owned enterprises, grants from the Central Government, fees and fines, and other sources.
Capital receipts are the third largest source of revenue for the state government of Haryana. They are collected from a variety of sources, including loans, disinvestment proceeds, and other sources.
In the financial year 2020-21, the state government of Haryana collected a total revenue of â¹1,17,289 crore. Of this, â¹65,528 crore was collected from taxes, â¹32,260 crore was collected from non-tax revenue, and â¹19,501 crore was collected from capital receipts.
The following are the major non-tax revenue sources for Haryana:
- Dividends from state-owned enterprises: The state government of Haryana owns a number of state-owned enterprises, such as Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), Haryana Power Generation Corporation (HPGCL), and Haryana Urban Development Authority (HUDA). These enterprises generate revenue, which is paid to the state government as dividends.
- Grants from the Central Government: The Central Government provides a number of grants to the state governments, including general-purpose grants, specific-purpose grants, and loans. These grants are used by the state governments to finance their various activities.
- Fees and fines: The state government of Haryana collects a variety of fees and fines, such as registration fees, motor vehicle taxes, and penalties for traffic violations. These fees and fines are used by the state government to finance its various activities.
The state government of Haryana uses the revenue it collects to finance its various activities, such as education, health, infrastructure, and law and order.