How to count the indirect amount of your Chinese NSF...

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It is curious to know that different funding amounts relates to different ratios.

Currently in April 2018, the relationships are:

20% if amount <= 5m;

15% if 5m < amount <=10m;

13% if 10m < amount;

For example, assume the total amount of your funding `TA', it will count on the spences of your device cost, i.e. `DC' to calculate your indirect amount `IA' as the following:

IA = (TA - IA - DC)*r where r is the ratio above, and the direct amount DA may be an alternative for TA-IA.

Hope it helps me and others later...

A link might be useful:http://www.360doc.com/content/18/0306/06/44824803_734629989.shtml


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