Which of the following is included in domestic income?
Which of the following is included in domestic income?
(a) Factor Income from abroad
(b) Windfall Gains
(c) Capital Gains
(d) Bonus to employees
Anurag Pathak Changed status to publish December 13, 2023
Ans – (d)
Explanation:-
Bonus to employees is the part of the compensation of employees. It is added to the Domestic Income through Income Method.
The Formula is:
Domestic Income = Compensation of Employees + Mixed Income + Rent + Royalty + Interest + Profits
Anurag Pathak Changed status to publish December 13, 2023
