Profits earned by the branches of a foreign bank in India included/excluded in National Income
Profits earned by the branches of a foreign bank in India included/excluded in National Income.
Anurag Pathak Changed status to publish December 7, 2023
No,
It is not included in the national income as it is a part of the factor income paid abroad. It is subtracted from domestic income to arrive at the national income.
Anurag Pathak Changed status to publish December 7, 2023
