हिंदी

Differentiate between Personal income and Private income. - Economics

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प्रश्न

Differentiate between Personal income and Private income.

अंतर स्पष्ट करें

उत्तर

Personal income Private income
It is the income which individuals actually receive from all the sources. It is the income accruing to the private sector from all sources.
Corporate savings and corporate taxes remain excluded from personal income. Both corporate savings and corporate taxes are the parts of private income.
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