What is Receipts Budget

Definition: Receipts Budget shows a detailed summary of the revenue and capital receipts of the government.
Description: Receipts Budget forms a part of the Annual Financial Statement. It gives a summary of tax revenue, non-tax revenue and capital receipts. It also gives a detailed analysis of tax and non-tax receipts together with the trends.

It also shows a trend in expenditure together with information on the debt position of the government and sources and application of National Small Savings Fund. It also gives detailed information on state-wise distribution of the net proceeds of the union taxes and duties combined with arrears of non-tax revenue and Railway Reserve Funds.

Also See: Expenditure Budget