Difference between personal disposable income tax and National disposa – InterviewSolution

1.

Difference between personal disposable income tax and National disposable income.

Answer»

Basis	National income	Disposable income
Meaning	National income is the total value of the total output of a country, it includes all goods and services produced in one year.	Disposable income is the amount available to a household for spending, investing, and saving after paying income tax.
Measurement tools	Input method, Output method, income method.	Income- tax payment
Effect of tax	It doesn’t consider tax.	It is calculated considering tax.

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