What is the Capital Budget and Revenue Budget?

Capital Budget comprises capital receipts and capital expenditure. Capital receipts refer to borrowings, loans from a public or foreign government, or borrowings from the central bank made by the government of a country. While, capital expenditure refers to expenditure on the development of machinery, health facilities, etc.

On the other hand, the tax and other revenue receipts of the government and the expenditure met from the same revenues is referred to as Revenue Budget. 

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