Is financial sale and purchase of shares, bonds and debentures included/excluded domestic income of India?
Is financial sale and purchase of shares, bonds and debentures included/excluded domestic income of India?
Anurag Pathak Changed status to publish December 9, 2023
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, bonds, and debentures is merely a transfer of ownership.
It does not add to the current flow of goods and services.
Anurag Pathak Changed status to publish December 9, 2023
