Non-taxable income is income that is devoted to a specific purpose the economic benefits derived from activities that are not for-profit in nature or origin  income that is not taxable and is not part of the taxable income amount.Such as financial allocation, administrative charges and so on.Tax-exempt income is an important part of taxpayers' income, but the tax benefits that the state gives to the economic benefits of certain projects in order to achieve some economic and social goals,but it is possible to restore taxed income over a period of time.
incorrect?
In order to encourage taxpayers to actively buy government bonds, the state stipulates that interest income from government bonds is not included in taxable income for the time being,no corporate income tax is levied,therefore, interest income on government bonds is a non-taxable income