Question

how many components of revenue budget​

Answer 1

★彡 ANSWER 彡★

two parts

two partsThe budget is divided into two parts — (i) Revenue Budget, and (ii) Capital Budget. (i) The Revenue Budget comprises current revenue receipts and current expenditure met from such revenues.

Answer 2

The components are the current/revenue receipts and current expenditures.

• The government's income collections (tax revenues and other revenues) and the considerable expenditures typically met from these potential revenues make up the revenue budget.

• Tax and non-tax income are carefully separated in revenue receipts. Money obtained by governments as direct taxation is tax revenue. It levies taxes like income tax, corporate tax, custom duties, excise, and other duties.

• Other expenditures are government receipts consisting of interest and dividends on government assets, and the fee and receipts for other government services.