An individual receives an income of Rs 50,000. He has not paid any tax. What is his disposable income?

Rs 49,000.

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Rs 48,000.

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Rs 40, 000.

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Rs 50,000.

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Solution

The correct option is D Rs 50,000.
Since, tax paid = 0, disposable income is same as total income.
Disposable Income = Income - Taxes = 50000 - 0 = Rs 50,000.

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An individual receives an income of Rs 50,000. He has not paid any tax. What is his disposable income?

The correct option is D Rs 50,000.Since, tax paid = 0, disposable income is same as total income.Disposable Income = Income - Taxes = 50000 - 0 = Rs 50,000.

The correct option is D Rs 50,000.
Since, tax paid = 0, disposable income is same as total income.
Disposable Income = Income - Taxes = 50000 - 0 = Rs 50,000.