I’ve just come across the word coined for the first taxes imposed in early North India c.400 BC. They were known as ‘bali’ [rhymes with 'gully']. ‘Bala’ means ‘strength’; so ‘bali’ is ‘acquired by (superior)strength’ – ie,extortion.
Source link: http://archive.mises.org/1985/sankskrit-for-taxes-extortion/
Sankskrit for “taxes”: “Extortion
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Did this word migrate east to reach us in the movie South Pacific in the song “Bali hai”?
No I’m afraid not. Bali has a long ‘a’; ‘bali’ a short one. Also ‘bali’ is derived from ‘bala’, ‘strength’, as mentioned.This word is Sanskrit; I’m not sure that Bali (the island) has a sanskrit name (though the Balinese are the only non-Indian Hindus, by descent, in the world.)
Sudha R. Shenoy
This reminds me of something a professor of mine said in an early South Asia history class. A student asked him about the political structure a certain polity, to which he responded, “At this time, political power was merely a matter of getting fifty men with axes together.”
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