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In short revenue budget has revenue receipts and expenditure.
Revenue budget and capital budget. Revenue accounts cover those items which are of recurring nature and are non redeemable. 1 comment on the government budget. Revenue budget capital budget government deficits revenue account the revenue account shows the current receipts of the government and the expenditure that can be met from these receipts. Revenue budget orientation only to the receipt of revenue of government and laid less emphasis on development work but the capital budget has the capacity of creating development work with respect to the budgetary deficit and fiscal deficit.
Capital budget has capital receipts and payments.
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