Question

Calculate Net Domestic income

Particular in crores
(i) Compensation of employees 2000
(ii) Rent and interest 800
(iii) Indirect taxes 120
(iv) Corporation tax 460
(v) Consumption of fixed capital 100
(vi) Subsidies 20
(vii) Dividend 940
(viii) Undistributed profits 300
(ix) Net factor income from abroad 150
(x) Mixed Income 200

 

02 Aug 2023
Answer :
Word Count : 397

To calculate the Net Domestic Income, we need to consider the various components provided in the question. Net Domestic Income is the total income generated within a country's borders, taking into account both the income earned by factors of production owned by residents of the country and the net income earned from abroad. Let's break down the given components and calculate the Net Domestic Income step by step.

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