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Answer
Yes, The Broker’s commission on the sale of second-hand goods is included in the domestic factor income because it is the income received by the broker in return for rendering his productive services.
Yes, Broker’s commission on the sale of an old car is included in the domestic factor income because it is the income received by the broker in return for rendering his productive services.
Yes, It will be included in domestic factor income as the Bank’s branch is located within the domestic territory of India. Explanation:- The profits earned by the residents and non-residents (foreign companies) within the domestic territory of India is included…
No, It will not be included in the domestic factor income as American 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 included…
Yes, Compensation paid will be included in the domestic factor income as a foreign company is located within the domestic territory of India. Explanation:- Explanation:- The profits earned by the residents and non-residents (foreign companies) within the domestic territory of…
No, The financial sale and purchase of shares, bonds, and debentures are not included in the domestic factor income as it does not contribute to the production of goods and services. Explanation:- The sale of financial assets such as shares,…
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…