{"id":149714,"date":"2024-03-18T16:33:19","date_gmt":"2024-03-18T11:03:19","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=149714"},"modified":"2024-03-18T16:33:19","modified_gmt":"2024-03-18T11:03:19","slug":"from-the-following-data-estimate-the-value-of-net-indirect-taxes","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/quiz\/from-the-following-data-estimate-the-value-of-net-indirect-taxes","title":{"rendered":"From the following data, estimate the value of Net Indirect Taxes :"},"content":{"rendered":"

From the following data, estimate the value of Net Indirect Taxes :<\/h2>\n\n\n\n\n\n\n\n
S. No.<\/td>\nParticulars<\/td>\nAmount (7 in crore)<\/td>\n<\/tr>\n
(i)<\/td>\nNet National Product at
\nMarket Price (NNP MP)<\/td>\n		1400<\/td>\n<\/tr>\n
(ii)<\/td>\nNet Factor Income from abroad<\/td>\n(-) 10<\/td>\n<\/tr>\n
(iii)<\/td>\nGross National Product at
\nFactor Cost (GNP PC)<\/td>\n		1300<\/td>\n<\/tr>\n
(iv)<\/td>\nConsumption of fixed capital<\/td>\n80<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ans. the estimated value of Net Indirect Taxes is -30 crore. Note that the negative sign indicates that the net indirect taxes are actually a subsidy (i.e., the government pays more in subsidies than it collects in indirect taxes).<\/h3>\n","protected":false},"excerpt":{"rendered":"

From the following data, estimate the value of Net Indirect Taxes : S. No. Particulars Amount (7 in crore) (i) Net National Product at Market Price (NNP MP) 1400 (ii) Net Factor Income from abroad (-) 10 (iii) Gross National Product at Factor Cost (GNP PC) 1300 (iv) Consumption of fixed capital 80 Ans. the […]<\/p>\n","protected":false},"author":21830,"featured_media":114041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12119],"tags":[],"class_list":{"0":"post-149714","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-quiz"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/149714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21830"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=149714"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/149714\/revisions"}],"predecessor-version":[{"id":149715,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/149714\/revisions\/149715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/114041"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=149714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=149714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=149714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}