Q. What is the most significant source of tax revenue for the Bihar state government?
Answer:
State Goods and Services Tax (SGST)
Notes: The most significant source of tax revenue for the Bihar State government is the State Goods and Services Tax (SGST). SGST has constituted more than half of the tax revenue in the last five years. Other significant sources of revenue are from taxes on Sales, Trade, etc., Stamp and Registration Fees and Taxes on Vehicles. Smaller components include land revenue and taxes and duties on electricity.