Advertisement

Revenue budget and Capital budget.



Revenue budget
Capital budget

Meaning

A budget which deals with the revenue aspect of the government budget is known as revenue budget.
A budget which deals with capital aspect of the government budget is known as capital budget.

Components:

Revenue budget consists of government’s estimated revenue receipts and anticipated revenue expenditure for a given financial year.
Capital budget consists of government’s estimated capital receipts and anticipated capital expenditure for a given financial year.