Question
Calculate personal income:
(र in crores) |
||
(i) |
Retained earnings of private corporations |
20 |
(ii) |
Miscellaneous receipts of govt, administrative deptt. |
50 |
(iii) |
Personal disposable income |
200 |
(iv) |
Personal tax |
30 |
(v) |
Corporate profit tax |
10 |
Solution
Personal income = (iii) + (iv) + (ii)
= 200 + 30 + 50 = 280 crores
= 200 + 30 + 50 = 280 crores