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Meaning of revenue receipt

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Meaning of revenue receipt

    • Posted by Tanisha Dey 5 years, 8 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Andro Tech Gamer 5 years, 8 months ago

    Revenue receipts are those money receipts of the government which donot create a liability and donot cause a reduction in assets of the government.for ex:-tax receipts. Hope this will help u

    1Thank You

    Princy Jetawat 5 years, 8 months ago

    Receipt which does not either create a liability or lead to reduction in assests is called revenue receipt.

    2Thank You

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