What are the main components of budget? – InterviewSolution

1.	What are the main components of budget?
Answer» Budget is a financial PLAN of government for a definite period. the main COMPONENTS are parts of government budget are explained below: i) Revenue budget: This financial statement includes the revenue receipts of the Governor meant that is revenue collected by the way of taxes and other is it also contains the ITEMS of expenditure made from such revenue. ii) Capital budget: This part of the budget includes physics and expenditure on the capital account PROJECT for the next financial year capital budget consists of capital RECEIPT and capital expenditure.

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