Rent received by Indian residents on their buildings rented out to foreigners in India is included/excluded in National Income
Rent received by Indian residents on their buildings rented out to foreigners in India is included/excluded in National Income.
Anurag Pathak Changed status to publish December 7, 2023
Answer:-
Yes,
It will be included in the national income as it is a part of the factor income from abroad.
National Income = Domestic Income + Net Factor income from abroad (Factor income from abroad – Factor income to abroad)
Anurag Pathak Changed status to publish December 7, 2023
