Practicing Success
Practicing Success
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If the value of net indirect taxes is 140 crores. Which of the following statements correctly depicts it ? |
Indirect tax is 100 crores and factor income from abroad is 240 crores Indirect tax is 240 crores and depreciation is 100 crores Subsidies are 100 crores and indirect taxes are 240 crores Factor income to abroad is 50 crores and depreciation is 90 crores |
Subsidies are 100 crores and indirect taxes are 240 crores |
The correct answer is option (3) : Subsidies are 100 crores and indirect taxes are 240 crores Net Indirect Taxes = Indirect taxes - Subsidies = 240 - 100 = 140
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