How does government collect non debt capital receipts
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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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