Is profits earned by Indian Employees working in the Pakistan Embassy in India included/excluded in domestic income of India?
Is profits earned by Indian Employees working in the Pakistan Embassy in India included/excluded in domestic income of India?
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No,
It will not be included in the domestic factor income as the Pakistan 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 in the domestic territory of India.
As the Pakistan Embassy in India does not lie in the domestic territory of India, the profits earned by Indian Employees working there will not be included.
But, their profits would be included in the National Income as factor income from abroad.
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