Published by: BhumiRaj Timalsina
Published date: 18 Jan 2022
Materials refer to all durable and non-materials items required by the office to perform all its activities, accurate and systematic manner. These materials help the manpower to perform official activities efficiently. These provide comfort, reduce tension, monitor, and fatigue. These also help to increase the working efficiency to the staff.
There are two types of materials:
The revenue which is earned by selling and distributing goods and services on a regular basis is called sources of income. It also includes revenue earned from non-business activities. An income refers to financial benefit or revenue. It is earned against the goods sold or services rendered. Every organization requires regular sources of income. Such incomes are essential to meet regular expenses and to make a surplus. A number of incomes is essential to determine the stability, growth, competitiveness and goodwill of the organization. The main sources of income for the government are income tax, value added tax, interest tax, customs duty, excise duty, donation, etc. The sources of incomes can be classified as follows: