Economy, asked by sakshamMINGLANI, 1 year ago

is income tax included in national incom???​

Answers

Answered by Anonymous
2

Explanation:

National income includes payments to individuals (income from wages and salaries, and other income), plus payments to government (taxes), plus retained income from the corporate sector (depreciation, undistributed profits), less adjustments (subsidies, government and consumer interest, and statistical discrepancy).

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