Calculate Indirect Taxes From The Following Data Calculate Indirect Taxes From The Following Data

The given data is

Particulars

Rs In Crores

NDP at FC

55,915

Subsidies

1,540

Factor income from abroad

625

Consumption of Fixed Capital

1,625

Factor income to abroad

865

GNP at MP

58,350

NDP at MP = GNP at MP – Consumption of fixed capital + Factor income to abroad – Factor income from abroad

NDP at MP = 58,350 – 1,625 + 865 – 625

NDP at MP = 56965

Net Index tax = NDP at MP – NDP at FC

Net Index tax = 56965 – 55,915

Net Index tax = 1050

Net Index tax = Index tax – Subsidies

Index tax = Net Index tax + Subsidies

Index tax = 1050 + 1540

Indirect Taxes = 2590

Therefore, from the above-given data, Indirect Taxes is 2590

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