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Advanced Bank Management

Unit – 10 : Union Budget

1) Net Tax Revenue = Gross Tax Revenue (-) NCCD transferred to the National Calamity Contingency fund (-) States’ share

2) Total Revenue Receipts = Net Tax Revenue + Total Non- Tax revenue

3) Capital Receipts = Non- debt receipts + Debt Receipts

4) Total Receipts = Total Revenue Receipts + Capital Receipts+ Drawdown of Cash Balance

5) Financing of Fiscal Deficit : Debt Receipts + Draw-down of cash balance

6) Non- Plan Expenditure = Revenue Non- Plan Expenditure + Capital Non-plan Expenditure

7) Plan Expenditure = Revenue Expenditure + Capital Expenditure

8) Total Expenditure = Total Non-plan Expenditure + Total Plan Expenditure

9) Revenue Deficit = Revenue expenditure (-) Revenue receipts

10) Gross Fiscal Deficit is the excess of total expenditure including loans, net of recoveries over revenue receipts (including external grants) and non- debt receipts

11) Net Fiscal deficit = The gross fiscal deficit (-) interest payments

12) Net Primary deficit = Net fiscal deficit (– ) net interest payments

13) NCCD: National Council on Crime and Delinquency.

 

 


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