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Differentiate between personal and disposable income. - Economics

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प्रश्न

Differentiate between personal and disposable income.

फरक स्पष्ट करा
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उत्तर

  • Personal income:
    Personal income is the total income received by the individuals of a country from all sources before payment of direct taxes in a year.
  • Disposable income:
    Disposable Income is also known as Disposable personal income. It is the individuals income after the payment of income tax. This is the amount available for households for consumption.
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पाठ 2: National Income - Model Questions [पृष्ठ ३४]

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सामाचीर कलवी Economics [English] Class 12 TN Board
पाठ 2 National Income
Model Questions | Q 29. | पृष्ठ ३४
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