Question
Calculate (a) Private Income, and (b) Personal Disposable Income (PDI) from the following data :
|
(र in crores) |
||
|
(i) |
Savings of private corporate sector |
500 |
|
(ii) |
Savings of non-departmental public enterprises |
200 |
|
(iii) |
Capital transfers from rest of the world |
50 |
|
(iv) |
Current transfers from govt. administrative departments |
100 |
|
(v) |
Corporation tax |
150 |
|
(vi) |
Income from domestic product accruing to private sector |
3500 |
|
(vii) |
Net indirect taxes |
300 |
|
(viii) |
Net factor income from abroad |
(-)30 |
|
(ix) |
Current transfers from rest of the world |
40 |
|
(x) |
Direct personal taxes |
110 |
Solution
(a) Private income = Private sector income + NFIA + All transfers
= 3500 + (- 30) + (40 + 100)
= 3610 crores
(b) PDI = Private Income - Corporation tax - Savings of corporate sector - Personal taxes
= 3610 - 150 - 500 - 110
= 2850 crores
