CBSE (Arts) Class 12CBSE
Share
Notifications

View all notifications

Is the Following a Revenue Receipt Or a Capital Receipt in the Context of Government Budget and Why? Tax Receipts - CBSE (Arts) Class 12 - Economics

Login
Create free account


      Forgot password?

Question

Is the following a revenue receipt or a capital receipt in the context of government budget and why?

Tax receipts

Solution

Tax receipts are the revenue receipts which neither create any liability nor cause any reduction in the assets of the government

  Is there an error in this question or solution?
Solution Is the Following a Revenue Receipt Or a Capital Receipt in the Context of Government Budget and Why? Tax Receipts Concept: Classification of Receipts.
S
View in app×