Economy, asked by rishikeshkushwaha08, 5 months ago

Explain the structure of revenue budget and capital budget of Central Government ?

Answers

Answered by PrincessTeja
3

Answer:

The budget is divided into two parts:

The revenue receipts include both tax revenue (like income tax, excise duty) and non-tax revenue (like interest receipts, profits). Capital Budget consists of capital receipts {like borrowing, disinvestment) and long period capital expenditure (creation of assets, investment).

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