Question

Private Income is used to assess which income for policy and tax decisions?

पर्याय

• The Government retained earnings of public undertakings

• The pre-tax income of the private sector

• The post-tax income of the government sector

• The social securities of private firms

Answer 1

Private Income is a pre-tax measure of income received by the private sector. It is used in policy and tax decisions to assess this pre-tax income.