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Revenue Budget #RevenueBudget

  Revenue Budget consists of the revenue receipts of the government (tax revenues and other revenues) and the expenditure met from these revenues.

OR

  The part of the Budget which deals with the income and expenditure of revenue by the government

  It presents the annual financial statement of the total revenue receipts and the total revenue expenditure.

  If the balance emerges to be positive it is a revenue surplus budget, and if it comes out to be negative, it is a revenue deficit budget.

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