Question

Wealth tax


Old age pension


Purchases of second hand machine from a domestic firm.


Purchase of new shares of a domestic firm


School fees paid by students


House rent allowance paid to teachers by school management.

Profits earned by a branch of an Indian bank in London


Wages received by the Indian employees working in Pakistan High Commission


Financial help to the earthquake victims.


Rent received by Indian residents on building rented out to foreign embassies in India.


Profits earned by an Indian bank from its branches abroad


Salaries paid to non-resident Indians working in Indian embassy in America.


Rent free house given to an employee by an employer


Salaries received by Indian residents working in Russian Embassy in India


Remittances from abroad


Compensation of employees to the residents of Japan working in Indian embassy in Japan.


Profits earned by a branch of State Bank of India in England.


give reasons weather they are included or not included in National income with reasons​

Answer 1

Answer:

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