Question
Calculate Personal Income:
cellspacing="0" cellpadding="0"> GDP 3000 Transfer Payments 500 Corporate income taxes 50 Indirect business taxes 210 Personal taxes 250 Undistributed corp profit 25 Depreciation 500Solution
NI = GDP + NR - IBT - CC NI = National income NR = + or - Net income from assets abroad (net income receipts) IBT = Indirect business taxes CC = Depreciation NI = 3000 + 0 - 210 - 500 = 2290 Personal Income = NI - corporate taxes - retained earnings + transfer payments PI = 2290 - 50 - 25 + 500 = 2715
The Insolvency and Bankruptcy Code (IBC) was enacted in which year?
Which cricketer won the ICC Men’s Test Cricketer of the Year award in 2025?
What is the new UPI transaction limit set for specific transactions such as tax payments and hospital services, as of August 2024?
What is the name of the first indigenous antibiotic launched in India for resistant infections?
What significant development occurred in the membership of the New Development Bank (NDB)?Â
What is the primary objective of the Unified Lending Interface (ULI) introduced by RBI?
What is the purpose of the 'One Nation, One Subscription' (ONOS) plan?
What does the RBI’s new ECBA framework aim to regulate?Â
What is the current Human Development Index (HDI) value for India in 2023?
Where is the World Para Athletics Championships 2025 being held?Â