What are the sources of income of governing body sector?

credit intruments, finance

Answers:
Governments obtain most of their income from taxes and levy:
Taxes:-
Property
Individual income
Corporation income
Customs & introduction duties (incl. trade tariffs)
General sale
Selective sale
Motor vehicle and operator licenses
Death and endowment (estate duties)
Other taxes
Miscellaneous broad revenue
Special Revenue:-
Utility revenue
Liqour store revenue
Insurance trust revenue (1)

(1) includes: social protection and medicare insurances, dismissal compensation, hand retirement, and other insurance trust expenditures.

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