explain the component of government budget in brief
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Explanation:
The Revenue Budget comprises revenue receipts and expenditure met from these revenues. The revenue receipts include both tax revenue (like income tax, excise duty) and non-tax revenue (like interest receipts, profits).
Economics
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Answer:
The components of government budget are:-
1 Revenue budgets:- It's deals with the revenue aspects of the government budget.
2. Capital budget:-its deals with the capital aspects of the government budget
Explanation:
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