6. Role of Fiscal Policy in development of Economy Definition: Fiscal policy means the use of taxation, public borrowing & public expenditure by the government for purpose of ‘stabilization’ or ‘Development’
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9. Budget Revenue Budget Capital Budget Revenue Budget consist of revenue receipt and the expenditure met from such revenues.
10. Revenue Receipts Tax Revenue Non Tax Revenue Direct Tax Indirect Tax Commercial Revenue Interest & Dividend Administrative Revenue Fees License fees Forfeiture Fines & Penalties Escheat
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