Which of the following is considered part of 'Capital Receipts' in the Government of India's budget?

💡 Solution & Explanation

Under the government accounts classification, capital receipts are transactions that create liabilities or reduce financial assets. Recoveries of loans previously extended by the central government decrease financial assets, placing them squarely under capital receipts. On the other hand, corporate tax collections and dividend receipts from public sector undertakings are classified as revenue receipts because they do not impact government assets or liabilities.