- The difference between total revenue and total expenditure of the government is termed as fiscal deficit.
- It is an indication of the total borrowings needed by the government.
- While calculating the total revenue, borrowings are not included.
- Generally, fiscal deficit takes place due to either revenue deficit or a major hike in capital expenditure.
- A deficit is usually financed through borrowing from either the Central Bank of the country or raising money from capital markets by issuing different instruments like treasury bills and bonds.
- A mismatch in the expected revenue and expenditure can result in revenue deficit.
- Revenue deficit arises when the government’s actual net receipts is lower than the projected receipts.
- A revenue deficit does not mean actual loss of revenue.
Ideas to stay at home and earn money. Make money from home. Earn revenue 24 hours a day even when you sleep. Get rich while relaxing. Genuine methods to get rich quick.
Thursday, November 19, 2009
Fiscal Deficit
Last Date to File Income Tax Return
The Central Board of Direct Taxes has released a new deadline for ITR filing for non-audit cases, including salaried taxpayers. The final da...

-
Raw Rice 200 gm, moong dal (pasiparupu)100 gm, jaggery 350 gm, ghee 100 ml, cashew 100 gm, Dry Grapes 100 gm, Cardamom 5 nos (1/2 teaspoon) ...
-
Samana has multiple meanings, including: Peaceful person In Buddhism, a Samana is a peaceful person, such as an ascetic, recluse, or con...
-
Have a bajji. It may be a plantain bajji (banana bajji / vazhaikkai bajji), onion bajji (vengaya bajji), brinjal bajji (kaththarikkai bajji)...