Khushi Food Industries set up a food and beverages processing plant in the rural area of Haryana and opted for labour intensive techniques due to easy availability of labour and to provide employment to local people.Board of directors decided to invest Rs. 50 lakhs to acquire plant and machinery, Rs. 1 crore to buy land, Rs. 20 lakhs to buy raw materials and Rs. 20 lakhs to maintain day-to-day expenses. Name the Act of Industries which is applicable to the above industry. Which category of part (a) will the above industry come from?State the investment limit in this category.
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A1. Income Method GNPFC = Compensation of employees + Rent + Interest + Undistributed Profits + Dividend + Net
Factor Income from Abroad + Consumption of fixed capital = 1850 + (400 +500 +900 + 200) + (-) 50+ 100 = 3900
CRORE Note: o GNPFC = NNPFC + Consumption of fixed capital o NNPFC = Compensation of employees + Rent +
Interest + Undistributed Profits + Dividend + Net Factor Income from Abroad o Compensation of employees is
income from work which includes wages and salaries in kind and cash, and contribution to social securities
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