Section 2(g) in Punjab Fiscal Responsibility and Budget Management Act, 2003
(g)["revenue deficit" means the budgetary revenue receipt, minus budgetary revenue expenditure.] [Substituted for 'revenue deficit' means the difference between revenue expenditure and revenue receipts, which indicates increases in liabilities of the State Government without corresponding increase in assets of the State Government.' by Punjab Act No. 1 of 2006.] It is, however, made clear that for the purpose of calculating revenue deficit, expenditure incurred on subsidies due to the enterprises in the power sector, whether paid or not, shall be treated as expenditure incurred by the State Government;
