While capital expenditure builds assets, revenue expenditure maintains them. For example, constructing a hospital is capital expenditure, but paying the doctors and nurses who work there is ...

Examples of Capital Expenditure include ... A revenue deficit occurs when revenue receipts are less than revenue expenditure. In simpler terms, this means that the government spends more than ...

The Budget is the government’s financial plan for the year. It outlines how much money it expects to earn (through taxes and ...

This economist's duties extend over both the revenue and expenditure sides of the fiscal accounts. Traditionally, economics training in public finances has focused more on tax than expenditure issues, ...

Of every rupee in the government treasury, approximately 66 paise will come from taxes, both direct and indirect ...