Calculate the Domestic Income Gross national product at market price ₹ 58,350 Indirect tax ₹ 2,590
Calculate the Domestic Income.
| Particulars | ₹ in Crores |
| (i) Gross national product at market price | 58,350 |
| (ii) Indirect tax | 2,590 |
| (iii) Subsidies | 1,540 |
| (iv) Depreciation | 1,625 |
| (v) Net Factor income from abroad | – 240 |
Ans: Domestic Income = ₹ 55,915 Crores
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Domestic Income (NDP at FC) = Gross National Product at Market Price – Depreciation – Net Factor income from abroad – (Indirect tax – Subsidies)
Domestic Income (NDP at FC) = (i) – (iv) – (v) – [(ii) – (iii)]
Domestic Income (NDP at FC) = ₹ 58,350 – ₹ 1,625 – ( ₹ – 240) – [₹ 2,590 – ₹ 1,540]
Domestic Income (NDP at FC) = ₹ 55915 Crores
Anurag Pathak Changed status to publish November 12, 2023
