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Payment of brokerage is estimated and …

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Payment of brokerage is estimated and payment of fees to lawyer and CA is not estimated while calculating national income WHY???

Posted by Aman Nagar 6 years, 7 months ago

CBSE > Class 12 > Economics

4 answers

Charu Gautam 6 years, 7 months ago

Services ate treated as a part of intermediate consumption ,accordingly payment of fees to lawyer orCA engaged by a firm is not to be included

Indrajeet Singh Arora 6 years, 7 months ago

All this transaction mentioned by YOU iare unilateral ( one sided in nature).It does not involve any productive service (i.e the services which are incurred on factors of production ) and also not involve any consideration in return . This was the reason for exclusion for such transaction from national income eatimation .

Aman Nagar 6 years, 7 months ago

But Sankalp lawyer bhi toh service provide karta h

Sankalp Agrawal 6 years, 7 months ago

Yes. Because it is a payment of service render by him

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