Is payment of bonus by a firm included/excluded in national income?
Is payment of bonus by a firm included/excluded in national income?
Anurag Pathak Changed status to publish December 9, 2023
Yes,
The payment of bonus by a firm will be included in the national income as it is a part of the compensation to employees.
Explanation:-
The payment of a bonus by a firm is against the factor services provided by the employees.
It adds to the current flow of goods and services in the economy.
Thus it would be included in the national income.
Anurag Pathak Changed status to publish December 9, 2023
