What are Revenue Receipts, News, Budget 2020 News, Revenue Receipts Definition
No liability: Revenue receipts do not create any liability for the government. For example, taxes received by the government, unlike borrowings, do not create any liabilities for it. No asset reduction: Revenue receipts do not lead to any reduction in the government’s assets. So, the government cannot show its earnings from sale of stake in a public-sector undertaking as revenue receipts because the stake sale resulted in reduction of its assets. For the government, there are two...
Telecom Tower What Are Revenue Receipts Revenue Receipts News Budget 2020 News Revenue Receipts Definition தொலை தொடர்பு கோபுரம்
Source: business-standard.com