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Profit earned by non- resident companies in india are not a part of our domestic income

Posted by Rhythm Agrawal 2 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Ayush Singh 2 years, 6 months ago

True because company are register in other country. So it is not included in our national income. For example:- MCDONALD is american company or if they earn income they are count in American national income because in India there is a outflow or leakage of income.

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