Disinvestment receipts are not a component of Revenue Receipts of the Union Government. Disinvestment is the action of an organisation or government selling or liquidating an asset or subsidiary and disinvestment receipts is amount generated after disinvestment. Revenue receipts of the government are divided into two groups, namely (i) tax revenue; and (ii) non-tax revenue. Tax revenue consists of the proceeds of taxes and other duties levied by the Union Government, such as income tax, corporate tax, excise duty, customs duty, service tax, etc. Income from sources other than taxes is called non-tax revenue. These are the incomes which the government gets in the form of interest, dividend, profit, fees, fines and external grants.