What are capital receipts ?

Capital receipts are such items as loans raised by the Government from the public (these are called Market Loans), borrowings by the Government from the Reserve Bank of India and other parties through the sale of treasury bills, loans received from foreign governments and international bodies like the World Bank and Asian Development Bank, recoveries of loans granted to the State and Union Territory Government and other parties, small savings and deposits in the Public Provident Fund (PPF), etc.

Whether you work with an accountant or file your own taxes, going ...

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