Practicing Success
Consider the following data relating to the financial year 2021-2022 and answer the following questions based on this data. |
What is the value of subsidies? |
₹12,000 ₹15000 ₹13000 ₹14000 |
₹13000 |
Net Indirect Taxes= Indirect taxes – Subsidies **Note** GNPMP = GNPFC + Net Indirect Taxes 1,06,000 = 1,05,000 + Net Indirect Taxes Net Indirect Taxes = 1,000 |