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प्रश्न
State personal income.
What is personal income?
लघु उत्तर
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उत्तर १
Personal income is that income which the households actually receive.
shaalaa.com
उत्तर २
Personal income refers to the income received by individuals of a country in a year from all sources.
According to Prof. W.C. Peterson, “Personal income is the current income received by persons from all sources, including transfer income from government and business.”
Personal income = Private income − Savings of private enterprises − Corporation tax.
Personal income = Private income − Savings of private enterprises (less net retained earnings of foreign companies' corporation tax)
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