Student Community
Answer
Yes, It will be included in the domestic factor income as it is a part of the compensation of employees. Explanation:- Payment of bonus is the part of compensation of employees. COE is included in the domestic income through the…
No, It is not included in the domestic factor income as it is a transfer payment. Explanation:- Only factor income generated within the domestic territory of India will be included in the domestic income. old age pension is the transfer…
No, It is not included in the domestic factor income as it is a transfer income (and not an earned income). Explanation:- Only factor income generated within the domestic territory of India will be included in the domestic income. Scholarship…
No, Factor income from abroad is not included in the domestic factor income because the factor income is earned outside the domestic territory of India. Explanation:- Only Profits earned within the domestic territory of India by residents and non-residents are…
No, It will not be included in the domestic factor income as the Pakistan Embassy is not a part of the domestic territory of India. Explanation:- Only Profits earned within the domestic territory of India by residents and non-residents are…
No, salaries to Indian residents working in the Russian Embassy in India will not be included in the domestic factor income as the Russian Embassy is not a part of the domestic territory of India. Explanation:- Only Profits earned within…
No, It will not be included in the domestic factor income as rent received by Indian resident from Russian Embassy will be a part of factor income received from abroad as Russian Embassy is not part of domestic territory of…
Yes, It will be included in the domestic factor income as the Indian Embassy is a part of the domestic territory of India. Explanation:- The profits earned by the residents and non-residents (foreign companies) within the domestic territory of India…
No, The rent received by an Indian from his building in London will not be included in the domestic factor income as the rent is earned outside the domestic territory of India. Explanation:- Only Profits earned within the domestic territory…
No, The profits earned by branches of the country’s bank in other countries will not be included in the domestic factor income as the company is located outside the domestic territory of India. Explanation:- Only Profits earned within the domestic…