Budget 2023: What do capital expenditures and revenue expenditures mean?
1 year, 10 months ago

Budget 2023: What do capital expenditures and revenue expenditures mean?

Live Mint  

Finance minister Nirmala Sitharaman is all set to present the Union Budget 2023 in the Parliament on February 1. Definition of Capital Expenditure Capital expenditures or capex are the expenditures incurred for high value items and they fulfill the requirements for long term. You incur capital expenditures when you pay for things like education, books, cell phones, laptops, or big-ticket items like a house or a car. Acquisition of fixed and intangible assets, upgrading an existing asset, repairing an existing asset, and loan repayment are the four categories of capital expenditures. Definition of Revenue Expenditure Revenue expenditures are those expenses that do not result in the creation of assets.

Revenue Asset Revenue Expenditure Capital Expenditure Capital Expenditures Expenditures Capital Revenue Expenditures  budget  expenditures  capital  jobs  revenue  asset  incurred  expenses  mean  existing  union  expenditure  2023

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Interim Budget 2024: Overall spending likely to see 10% hike, says report
11 months, 1 week ago

Interim Budget 2024: Overall spending likely to see 10% hike, says report

India Today  

The upcoming interim budget for the fiscal year 2024-25 may witness a cautious approach from the government, with an anticipated 10 per cent increase in overall spending compared to the current fiscal year, reported The Economic Times. Despite the economy's robust growth, with a forecasted 7.3 per cent increase in Gross Domestic Product for the fiscal year 2023-24, the government …

Budget 2023: Take A Look At The Structure And Components Of The Union Budget
1 year, 11 months ago

Budget 2023: Take A Look At The Structure And Components Of The Union Budget

ABP News  

The Budget for the year 2023-24 is around the corner. It is divided mainly into two sections —Budget Receipts and Budget Expenditures. The Budget Receipts comprise – Capital Receipts and Revenue Receipts Capital Receipts: Capital Receipts are the receipts that either create liability or cause a reduction in assets for the government. Revenue Receipts: Revenue Receipts are receipts that neither …

Budget 2023: Where Does Government Spend Money, Understanding Expenditure
1 year, 11 months ago

Budget 2023: Where Does Government Spend Money, Understanding Expenditure

ABP News  

In less than a month Union Finance Minister Nirmala Sitharaman is expected to present Union Budget 2023. Plan capital expenditure relates to the central government’s plan and central assistance for state and union territory plans. Budget 2023: Expenditure of Government of India Aside from these the central government also allocates a large portion of the Budgetary expenditure for centrally Capital …

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