Question
From the following data, calculate (a) Private income, and (b) Personal disposable income.
|
(र in crores) |
||
|
(i) |
Income from domestic product accruing to private sector |
4,000 |
|
(ii) |
Savings of non-departmental public enterprises |
200 |
|
(iii) |
Current transfers from govt. administrative deptt. |
150 |
|
(iv) |
Savings of private sector |
400 |
|
(v) |
Current transfers from rest of the world |
50 |
|
(vi) |
Net factor income from abroad |
-40 |
|
(vii) |
Corporation tax |
60 |
|
(viii) |
Direct personal taxes |
140 |
Solution
(a) Private income = (i) + (iii) + (v) + (vi)
= 4000 + 150 + 50 + (-40)
= 4,160 crores
(b) Personal disposable income = 4,160 - 400 - 60 - 140
= 3,560 crores
