Understanding budget receipts and the role they play in govt finances

Capital receipts are non-recurring and either create a liability for the govt or deplete its assets; revenue receipts are recurring and do not entail any risk for the govt

cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings

Arshdeep Kaur New Delhi
Budget receipts are the total amount expected to accrue to the government from different sources during a fiscal year. The Budget document presents an itemised listing of the income (tax and non-tax revenues), and capital receipts of the Central Government.

In other words, budget receipts are the inflows that the government can use to incur expenditure for the nation.

Budget receipts, just like budget expenditure, are listed under the Annual Financial Statement. They are classified into two types: capital receipts and revenue receipts.

First Published: Feb 01 2023 | 08:25 AM IST

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