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Hiral Jain

Content writerย โ€ขย 11m

Hey there, folks! Did you know that countries have not one but three methods to calculate their national income? And each method is unique in its way. The method used to calculate a country's GDP is the Product Method, also known as the Value-Added M

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Hiral Jain

Content writerย โ€ขย 11m

Hello everyone! To understand the topic of national income we need to have some basic knowledge of what we do at the end of every financial year (startups who hire a chartered accountant to file their ITRs or to look after their accounting) All these amounts are transferred to the gov And upon all the level (district,state, nation etc) (this is a simpler version to understand national income accounting) Whatever I have written above is a part of my CA foundation syllabus It comes under macro economics What say, isnโ€™t commerce field interesting?!!

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Arey Mubarak Ho aapki lottery lagi hai, woh bhi 1cr kii!! We call this transfer payment in economics, it means the income that a person gets without providing service/goods. We all know that all of our income is calculated in national income irrespe

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