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about formal and informal sector ?
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HEY MATE HERE IS YOUR ANSWER :-
INFORMAL SECTOR:- grey economy is the part of an economy that is neither taxed nor monitored by any form of government.
1. FORMAL SECTOR :- In local terms, organised sectoror formal sector in India refers to licensed organisations, that is, those who are registered and pay GST. ... The unorganised sector has low productivity and offers lower wages.
HOPE IT HELPS
INFORMAL SECTOR:- grey economy is the part of an economy that is neither taxed nor monitored by any form of government.
1. FORMAL SECTOR :- In local terms, organised sectoror formal sector in India refers to licensed organisations, that is, those who are registered and pay GST. ... The unorganised sector has low productivity and offers lower wages.
HOPE IT HELPS
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