Question
Calculate national income from the following:
(र in crores) |
||
(i) |
Rent |
80 |
(ii) |
Interest |
100 |
(iii) |
Profits |
210 |
(iv) |
Tax on profits |
30 |
(v) |
Employees contribution to S.S. schemes |
25 |
(vi) |
Mixed income of self-employed |
250 |
(vii) |
Net indirect taxes |
60 |
(viii) |
Employer's contribution to S.S. schemes |
50 |
(ix) |
Compensation of employees |
500 |
(x) |
Net factor income from abroad |
(-) 20 |
Solution
Domestic income = 80 + 100 + 210 + 250 + 500 = 1,140
National income = 1,140 + (- 20) = 1,120 crores