Question

How does government collect non debt capital receipts

Answer 1

Non-debt capital receipts  are those receipts in which taxes and duties are levied by the government and are the biggest source of its income

Explanation:

• While managing the budget documents, the government makes a list  of the non-debt capital receipts into two main categories
• One is the recovery of the loans and the other is the recipient
• The other receipt shows that disinvestment proceeds from the shares in the public sectors

learn more about non debt capital receipts here:

Explain non debt creating capital assets

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