Is Dividend received by an Indian from his investment in shares of a foreign company
Is Dividend received by an Indian from his investment in shares of a foreign company
Anurag Pathak Changed status to publish December 8, 2023
Yes,
Dividend received by an Indian from his investment in shares of a foreign company will be included in the National Income as it is factor income from abroad.
It is added to the domestic income to arrive at the National Income of a country.
National Income = Domestic Income + Factor income from abroad – Factor income to abroad
Anurag Pathak Changed status to publish December 8, 2023