Private Income 2016

Jul 25th, 2016
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Concept of Private Income, Personal Income and Personal Disposable Income.

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5. Concept of Private Income, PersonalIncome and Personal Disposable Income.NDPfc can be divided in to two parts :- Part of NDPfc accruing to Private sector and Part of NDPfcaccruing to Government Sector.2. NDPfc = Part of NDPfc accruing to Private sector + Part of NDPfc accruing to Government Sector.3. Part of NDPfc accruing to Government Sector = Savings of Non Departmental enterprises + Incomeof Government from Property and Entrepreneurship4. Part of NDPfc accruing to Private sector = NDPfc - Part of NDPfc accruing to Government Sector.5. Part of NDPfc accruing to Private sector = NDPfc (Savings of Non Departmental enterprises +Income of government from Property and Entrepreneurship)6. Private Income= Part of NDPfc accruing to private sector + Net factor Income from Abroad +Current Transfer from Government + Net Current Transfer from Rest of World + Interest on PublicD

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