Explain the structure of revenue budget and capital budget of Central – InterviewSolution

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