What are the main sources of non-tax revenue for Negri Sembilan?

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Main Sources of Non-Tax Revenue for Negri Sembilan Identified

Non-tax revenue collected by Negri Sembilan has already surpassed its target for 2020, with key contributions stemming from land premiums, permits, licenses, raw water charges, and the sale of printed materials. As of November 25, the state had collected RM251.27 million in non-tax revenue, exceeding the RM242.69 million target set for the year. This category of revenue is a significant component of the state's overall financial collection, often contributing more than tax earnings.
Exceeding Revenue Targets

The state's non-tax revenue collection for the current year has demonstrated strong performance, surpassing the initial target. By November 25, the collected amount stood at RM251.27 million, which is higher than the RM242.69 million projected for the 2020 Negri Sembilan Budget. This achievement indicates a robust inflow of funds from these non-tax sources.
Significance of Non-Tax Revenue

Non-tax revenue plays a crucial role in the state's financial landscape, generally forming a larger portion of the total revenue compared to tax earnings. This reliance underscores the importance of effectively managing and optimising these diverse income streams to ensure the state's financial stability and operational capacity.
Key Revenue Streams Identified

The primary components contributing to Negri Sembilan's non-tax revenue have been itemised. These include revenue generated from land premiums, the issuance of permits, registration fees for licenses, charges levied for raw water consumption, and income derived from the sale of printed materials. These diverse sources collectively bolster the state's non-tax revenue collection.

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What are the main sources of non-tax revenue for Negri Sembilan?

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