Public Revenue
Public Revenue refers to the income generated by the government through various means to fund public services and infrastructure. This revenue primarily comes from taxes, such as income tax, sales tax, and property tax, as well as non-tax sources like fees, fines, and government-owned enterprises.
The effective management of Public Revenue is crucial for maintaining economic stability and providing essential services like education, healthcare, and transportation. Governments use this revenue to invest in community development and ensure the well-being of their citizens, making it a vital component of a functioning society.