The 2 main components of revenue budget are Tax and Non Tax Revenue which are known as Revenue Receipts and the other component of revenue budget is Non- Plan Revenue Expenditure and Plan Revenue Expenditure which is grouped together as Revenue Expenditure component. You can read about the Revenue Receipts- Tax Revenue and Non-Tax Revenue (UPSC Notes) in the given link.
Based on estimates, Government budgets are of three types, they are – surplus budget, balanced budget, deficit budget.
- Taxation System in India – Types, GST, VAT, Objectives, Limitation, Laffer Curve
- Double Taxation Avoidance Agreement (DTAA) – Countries Involved, Income Tax Provisions