Question

What do you mean by Regular and definite source of income​

Answer 1

Answer:

The term “income” connotes a periodical monetary return coming in with some sort of regularity or expected regularity from definite sources. b) INCOME MUST COME FROM OUTSIDE – No one can earn income from himself.

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Answer 2

In general sense,regular and definite source of income refers to any profession or occupation that can generate a sustainable and guaranteed income for any employee or worker.

Explanation:

• Regular or definite income sources generally entail the professions,jobs or occupations that provide consistent and reliable income/salary/wage to the workers or employees.
• These employment or occupational opportunities are reliable,trustworthy and sustainable from the point of view of income generation.
• Examples of some of the common regular and definite sources of income can be public sector jobs or occupations such as railway officials,public school and college staff,doctors and medical professionals in public hospitals,civil service jobs and so forth.Public sector occupations and designations in most countries provide ling term job security and sustainable income flow for employees and staff.