How To Calculate Effective Revenue Deficit
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The definition of the revenue expenditure is that it must not create any productive asset.
How to calculate effective revenue deficit. Effective revenue deficit revenue deficit grants for capital creation effective revenue deficit 7 1c 50000 30000 20000 effective revenue deficit 20000. Learn to calculate working capital finance in 15 minutes duration. In 2012 13 effective revenue deficit was introduced as a fiscal parameter. Ns toor 111 958 views.
A revenue deficit not to be confused with a fiscal deficit measures the difference between the projected amount of income and the actual amount of income. The video explains revenue deficit and effective revenue with example. If a business or government has a. However this creates a problem in accounts.
Effective revenue deficit was introduced in the budget of 2011 12 for the first time.
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