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Question
From the following data, calculate the value of compensation of employees (COE):
| S.No. | Items | Amount in (₹ crore) |
| (i) | Old age pension | 2,000 |
| (ii) | Wages and salaries in cash |
60,000 |
| (iii) | Rent free accommodation to employees |
30,000 |
| (iv) | Employer's contribution to provident fund |
7,500 |
| (v) | Payment of life insurance premium by the employees |
2,500 |
| (vi) | Contribution to provident fund by employees |
35,000 |
Sum
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Solution
COE = Wages and salaries in cash + Rent free accomodation to empolyees + Employees contribution to provident fund
= (60,000 + 30,000 + 7,500) crore
= 97,500 crores
shaalaa.com
Aggregates Related to National Income - Domestic Income
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