Question

Payment of fees to a lawyer in firm works , is calculated in national imcome ?

Answer 1

Heya....

Thanks for asking this nice question --

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National income is the sum total of all factor income earned by normal residents of the country ..

According to ques ::

Payment of fees to lawyer by firm ..

• No, it will not be included in national income...

Reason

The payment to lawyer is the intermediate expenditure of the firm , lawyer is working as labour for the firm not his own job..

So , it will be add only in expenditure of firm not in national income...

Thank you

Answer 2

No, it will not be included in national income... The payment to lawyer is the intermediate expenditure of the firm , lawyer is working as labour for the firm not his own job.. So , it will be add only in expenditure of firm not in national income..