Arrange the following sources of revenue for the Government of India mentioned in the Union Budget of 2024-25 in descending order:

i. Goods & Service Tax and other taxes

ii. Borrowing and Other Liabilities

iii. Corporation tax

iv. Income Tax

Choose the correct answer:

In the 2024-25 Budget, the government provides a "Rupee Comes From" chart that breaks down every 100 paise (1 Rupee) earned. For the categories you mentioned, the breakdown is as follows: Borrowing and Other Liabilities (ii): 27% (27 paise) — Historically the largest source to bridge the fiscal deficit. Income Tax (iv): 19% (19 paise) — This surpassed GST in recent estimates as the single largest tax head. Goods & Service Tax and other taxes (i): 18% (18 paise) — This refers to GST specifically.  Corporation Tax (iii): 17% (17 paise) — The tax paid by companies on their profits .Summary  Table Source of Revenue Share (per Rupee)Rank (Descending)Borrowing and Other Liabilities27 paise1Income Tax19 paise2GST and other taxes18 paise3Corporation Tax17 paise4