Is Brokerage payment on sale of shares included/excluded in National Income
Is Brokerage payment on sale of shares included/excluded in National Income.
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Yes,
Brokerage payment on sale of shares will be included in the National Income as it is the income of a broker for his productive services to various parties.
Broker, arrange meeting calls of the various parties. He helps in negotiations.
He makes the sale happen.
It adds to the flow of goods and services in the economy.
Thus the brokerage payment will be included in the National Income
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