Advertisements
Advertisements
प्रश्न
Distinguish between revenue receipts and capital receipts. Give an example of each.
Advertisements
उत्तर
|
Basis of Difference |
Capital Receipts |
Revenue Receipts |
|
Definition |
Capital receipts refer to those receipts of the government which causes a reduction in the government assets and also creates a liability for the government. |
Revenue receipts refer to those receipts of the government which neither creates any liability nor creates any reduction in the assets of the government. |
|
Impact |
Reduce government assets and create liabilities for government. |
No effect on government assets and liabilities. |
|
Example |
Recovery of loans |
Tax receipts |
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
