The Hindustan Gadar Office

Summary

The Hindustan Gadar Office A Few Facts about British Rule in India (1915)

Morley (now Lord) stated that 50 per cent of the net assets is the ordinary standard of assessment of land revenue alone throughout India. Net assets mean the annual profit after paying the cost of cultivation, the income, in fact, of the farmer. So we have it admitted that the normal land tax is 10 shillings in the pound. The word "alone" needs explanation. It means that the farmer has besides his land tax many other rates and taxes to pay for roads, police, irrigation, public works, etc. Mr. Morley 's answer suggested that 50 per cent is the higher limit of land tax throughout India
Source: Wikisource

The Hindustan Gadar Office A Few Facts about British Rule in India (1915)

INDIAN FINANCE. The budget figures of the government of India for 1914-15 show the total estimated income for the year to be slightly over £85,000,000 sterling, of which more than £17,000,000 are given out as railway receipts and about £4,500,000 for irrigation works, thus leaving the pure revenue to be about £63,000,000.
The principal source of revenue is the land tax, which alone furnishes a little over £21,500,000, of which, if we deduct £9,000,000 shown as the "direct demand on the revenues," only £12,500,000 are left for general purposes.
Source: Wikisource

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