Showing posts with label Revenue budget and Capital budget.. Show all posts
Showing posts with label Revenue budget and Capital budget.. Show all posts

Revenue budget and Capital budget.



Revenue budget
Capital budget

Meaning

A budget which deals with the revenue aspect of the government budget is known as revenue budget.
A budget which deals with capital aspect of the government budget is known as capital budget.

Components:

Revenue budget consists of government’s estimated revenue receipts and anticipated revenue expenditure for a given financial year.
Capital budget consists of government’s estimated capital receipts and anticipated capital expenditure for a given financial year.