Which of the following is a capital receipt ?

 Which of the following is a capital receipt?

The capital receipt is the premium on the shares

Capital receipts refer to those receipts which either create a liability or cause a reduction in the assets of the government. They are non-recurring and non-routine in nature. (i) The receipts must create a liability for the government. For example, Borrowings are capital receipts as they lead to an increase in the liability of the government.