20240429 Calibre April 2024 Investor Presentation.pdf
Fiscal revenue
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11. However, in times of economic slowdown the government may need to borrow and put money in the hands of its citizens to revive the consumption cycle. This is something which may not apply to the home budget.
12. Confused?! Look at the graph below… FISCALDEFICIT Govt.'s Expenses – Govt.’s Receipts REVENUE DEFICIT Revenue Expenses – Revenue Receipts Govt. Expenses Revenue Expenses Capital Expenses Govt. Receipts Tax Sources Non-tax Sources Revenue Receipts Capital Receipts
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15. In other words, the spend is aimed at stimulating domestic demand & creating assets.
![[object Object],[object Object],[object Object],[object Object],The Finance Minister announced a 4.8 per cent revenue deficit and 6.8 per cent fiscal deficit in the Union Budget this week!](https://image.slidesharecdn.com/fiscalrevenue-111110042541-phpapp01/85/Fiscal-revenue-1-320.jpg)
![First of all, what is a Deficit? ,[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)