with the help following data calculate : (1) private income ; (2) personal income; (3) personal disposable income .
PARTICULAR RS. IN CRORES
1. savings of private corporate sector 80
2.direct taxes paid by households 30
3. operating surplus 200
4.factor income from domestic product accruing to private sector 750
5.corporation tax 40
6.current transfrs from govt. dministrtiv deprtment 20
7.net factor income from abroad - 25
8.capital transfers from the rest of the world 60
9. current transfers from the rest of the world 45
10.savings of non-dpartmental enterprises 105
11.income from property and enterprnurship accruing to govt. administrative departments 200

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Solution

Private Income = Income from NDP that goes to private sector + NFIA + Net transfer payments from the government and ROW + Interest on National Debt
= 750 + (–25) + (20 + 45) + 0
= Rs 790 Crores

Personal Income = Private Income – Corporate savings – Corporate Tax
= 790 – 80 – 40
= Rs 670 Crores

Personal Disposable Income = Personal Income – Direct Personal Taxes – Miscellaneous Receipts of the Government (fees and fines)
= 670 – 30 – 0
= Rs 640 Crores

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