Categorize the following items into Revenue and Capital Receipts.
Statement-Sale of 40% shares of a public sector undertaking to a private enterprise.
Statement-Sale of 40% shares of a public sector undertaking to a private enterprise.
Download our app for free and get started
Capital receipt.
Reason: It reduces assets of the government.
Reason: It reduces assets of the government.
Download our appand get started for free
Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*
Similar Questions
- 1View SolutionWhat is proportional tax?
- 2View SolutionState any one objective of government budget.
- 3View SolutionHow is primary deficit calculated?
- 4View SolutionCategorize the following items into Direct and Indirect Taxes.
Statement-Custom duty. - 5View SolutionIf the borrowings of the govt. are ₹ 1,500 crores and interest payment is ₹ 300 crores. How much is the fiscal deficit?
- 6View SolutionWhat is primary deficit?
- 7View SolutionDefine indirect tax. Give two examples of indirect taxes.
- 8View SolutionCategorize the following items into Revenue and Capital Receipts.
Statement-Funds raised from public in the form of National Saving Certificates and Kisan Vikas Patras. - 9View SolutionWhat is fiscal deficit?
- 10View SolutionWhat is the significance of revenue deficit?