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From the Following data calculate Personal Disposable Income :(Rs. in crore)(i) Net Domestic Product at Factor Cost accruing to Private Sector800(ii) National Debt Interest50(iii) Current transfers from Government70(iv) Savings of Private Corporate Sector200(v) Corporation Tax40(vi) Direct tax paid by households30(vii) Depreciation60(viii) Net Current Transfers to Abroad20(ix) Net Factor Income paid to Abroad(-) 10 |
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Answer» Private Income =NNPFC accruring to private sector + Net current transfer from ROW + Current transfers from govt. + National debt interest - NFIA 800+20+70+50-(-10) =Rs.950 Personal Income = Private income - Corporation tax - Undistributed profit =950-40-200 =Rs.710 Personal Disposable Income = Personal income - Personal direct taxes - Fees and Fines. =710-30-NIL = Rs. 680 crore. |
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