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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 788 |
Essay's paper body
National Income
National Income is the total income earned by factors of production owned by country’s citizen – wages for labour, rent for land, interest for capital and profit for organizer.
More preciously, National income is the sum of five items-
i. Compensation of employees
ii. Proprietor’s income
iii...
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Compensation of employees
ii. Proprietor’s income
iii. Corporate profit
iv. Net interest
v. Rental income
b. Depreciation
The amount of an asset value falls each period is called its depreciation.
Depreciation = Purchase value – Present value
c. Indirect Tax
Such types of tax imposed by government to one agent but pay another agent such as VAT (Value Added Tax), Sales tax, import duty and export duty etc...
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General points of the essay
Canadian Income Tax I
Factors Determining Premium Income Of
Income Smoothing
Income Tax Law Research
Income Tax Research
Income Tax
Income Taxes
National Income Statistics of India
Wage Income
National Income
Income Tax in India
income
Household Income
Income GAPS
Income Gap
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