Difference between Capital and Revenue Receipts
Difference between Capital and Revenue Recceipts
Last updated at April 16, 2024 by Teachoo
Chapter 5 - Government Budget
What is Budget?
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Economics Class 12
Macroeconomics
- Chapter 1 Macro - Introduction
- Chapter 2 National Income Accounting - Basic Concepts
- Chapter 2 National Income - Part 2 Concept of GDP and GNP
- Chapter 2 National Income - Part 3 Value Added Method
- Chapter 2 National Income - Part 4 Income Method
- Chapter 2 National Income - Part 5 Expenditure Method
- Chapter 2 National Income - Part 6 Summary of Different Methods
- Chapter 3 Part 1 - Money
- Chapter 3 Part 2 - Banking
- Chapter 4 Part 1 - AD,AS and Related Concepts
- Chapter 4 Part 2 - Income Determination and Multiplier
- Chapter 4 Part 3 - Excess Demand and Excess Supply
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Chapter 5 - Government Budget
- Chapter 6 Part 1 - Foreign Exchange Rates
- Chapter 6 Part 2 - Balance of Payment
Transcript
Types of Receipts in Budget Revenue Receipts Capital Receipts It refers to Receipts which are not redeemable (which cannot be Returned or reclaimed) It Receipts which increase liability Or Reduce Financial Assets Difference between Revenue & Capital Receipts Revenue Receipts They are Non-Redeemable (They do not have to be Returned) Example USA Aid Govt They are recurring in nature Example Public Govt Tax will be collected again and again Capital Receipts They are Redeemable (They have to be Returned) Example USA Loan Govt They are non recurring Example Public Govt Public may not invest again in Bonds
