Gift received from employer is included/excluded in national income
Gift received from employer is included/excluded in national income
Anurag Pathak Changed status to publish December 7, 2023
No,
It will not be included in national income as gifts received from employers are transfer incomes.
transfer incomes are unilateral transfers where the receiver does not provide any productive services in return.
Thus, there is no flow of goods in the economy.
Anurag Pathak Changed status to publish December 7, 2023
