Sir this is icai rtp Nov 22 and In this sum sir NFIA is given directly and they still have deducted net current t/f from abroad !! Why so ? Are they right ?
bhavishyaAdvanced
Measurement of national income
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Have they deducted current transfer to abroad – 10 to calculate NFIA?
Yes ! They have done as follows
NFIA (Factor Income from abroad – factor
income to abroad)
-25-10
And then they even added wrongly !!
This is from Nov 22 rtp Q-1-c
There is ambiguity here.
1. It is transfers to abroad not income to abroad.
2. The calculation error.