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Is Capital gains included/excluded in domestic income of India?

567 viewsDecember 9, 2023National Income and related aggregates

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Anurag Pathak28.60K December 9, 2023 0 Comments

Is Capital gains included/excluded in domestic income of India?

Anurag Pathak Changed status to publish December 9, 2023

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Anurag Pathak28.60K Posted December 9, 2023 0 Comments

No,

Capital gains are not included in the domestic factor income as they arise on account of rise in the prices of assets and do not add to the flow of goods and services in the economy.

Anurag Pathak Changed status to publish December 9, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.