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Budget Receipts Revenue Taxes Direct & Indirect Capital 1. Sale of assets 2. Small savings 3. Borrowings Non-Tax People 1.Profits, Central Bank Dividends & Abroad Interest 2.Grants 3.Fees, Fines & Penalties Expenditure Revenue 1. Salaries 2. Interest payments 3. Subsidies 4. Schemes Ideally Revenue Receipts should finance Revenue Expenditure AND Capital Receipts should finance Capital Expenditure Capital Infrastructure Assets Productive

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Budget

  • 1. Budget Receipts Revenue Taxes Direct & Indirect Capital 1. Sale of assets 2. Small savings 3. Borrowings Non-Tax People 1.Profits, Central Bank Dividends & Abroad Interest 2.Grants 3.Fees, Fines & Penalties Expenditure Revenue 1. Salaries 2. Interest payments 3. Subsidies 4. Schemes Ideally Revenue Receipts should finance Revenue Expenditure AND Capital Receipts should finance Capital Expenditure Capital Infrastructure Assets Productive