The two most crucial components of the Budget document are expenditure and revenue budgets. The Revenue Budget highlights the range of expected revenue from various sources, including the ...

The revenue budget consists of revenue receipts of the government (revenues from tax and other sources), and its expenditure. Revenue receipts are divided into tax and non-tax revenue. Tax ...

"Revenue expenditure of states remained strong in H1 FY25. In aggregate, the top 20 states in our sample utilised 41.5 per cent of their budgeted revenue expenditure in H1 FY25, slightly higher ...