Salaries received by Indian residents working in Russian Embassy in India is included/excluded in National Income
Salaries received by Indian residents working in Russian Embassy in India is included/excluded in National Income or not
Anurag Pathak Changed status to publish December 7, 2023
Yes,
it will be included in the national income as it is part of the factor income from abroad.
earning by normal residents of India from the rest of the world such Russian embassy is considered as Factor Income from abroad
It is added to the Domestic Income to derive the National Income.
National Income = Domestic Income + Factor income from abroad – Factor income to abraod
Anurag Pathak Changed status to publish December 7, 2023
