Salaries paid by the French Embassy, New Delhi to the local workers of the housekeeping department is included/excluded in National Income.
Salaries paid by the French Embassy, New Delhi to the local workers of the housekeeping department is included/excluded in National Income.
Anurag Pathak Changed status to publish December 7, 2023
Yes,
It will be included in the national income as it is a part of factor income from abroad.
Salaries earned by Indian local workers from the French Embassy in New Delhi are considered as Factor income from abroad.
Factor income from abroad is added to Domestic Income to arrive at National Income.
National Income = Domestic Income + Net Factor income from abroad (Factor income from abroad – Factor income to abroad)
Anurag Pathak Changed status to publish December 7, 2023
