Revenue

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Revenue

Return or profit such as the annual or periodic rents, profits, interest, or income from any type of real or Personal Property, received by an individual, a corporation, or a government.

Public revenues are the sources of income that a government collects and receives into its treasury and appropriates for the payment of its expenses.

REVENUE. The income of the government arising from taxation, duties, and the like; and, according to some correct lawyers, under the idea of revenue is also included the proceeds of the sale of stocks, lands, and other property owned by the government. Story, Const. Sec. 877. Vide Money Bills. By revenue is also understood the income of private individuals and corporations.

References in periodicals archive ?
current expenditure is Rs 3,463 billion and development expenditure is Rs 839 billion.###against to 78.8 percent in revise predicts for FY14.
h) The share of current expenditure in total budgetary outlay for 2014-15 is 80.5% as compared to 78.8% in revise estimates for 2013-14.
Current expenditure has been estimated to be###outlay for FY15 is 80.5 percent as against to 78.8 percent
8) The expenditure on General Public Services in projected at Rs 2,543 billion which is 73.4 percent of the current expenditure
Current expenditure has been estimated to be higher than the revised estimated for FY13 by around 9.9 percent, while development expenditure by 37.7
The government also made an upward revision in current expenditure for 2009-10 - from Rs1699 billion to Rs2017 billion and for 2010-11 from Rs1997 billion to Rs2295 billion.
expenditure is Rs 3,196 billion and development###The share of current expenditure in total budgetary
The government has relied heavily on slashing Public Sector Development Program (PSDP) during the last three years to finance the yawning fiscal deficit caused by phenomenal increase in current expenditure. Documents show that PSDP allocation was slashed by Rs 367 billion in 2008-09 and 2009-10 to finance the rising current expenditures.
The government has not been able to reduce non-interest current expenditure in the last two years and resorted to the easy option of slashing the development expenditure.
f) The overall expenditure during 2009-10 has been estimated at Rs 2482 billion of which the current expenditure is Rs 1699 billion and development expenditure at Rs 803 billion.
The cause of the deficit: a significant increase in current expenditure and a major decline in tax collection.
When interest payments go up, so does current expenditure and total expenditure'.