Does Small stationery shops and grocery shops come under informal sector?
Are House Helper are informal worker?
Dear student,
Any economic activity by unincorporated businesss is called informal and includes eg: such as the neighbourhood barbers, Vendors of fruit and vegetables, service providers such as plumbers & electricians, domestic helpers, and retail businesses such as stores, restaurants, etc
The informal sector, also known as the underground economy, black economy, shadow economy, or gray economy, is part of a country’s economy that is not recognise as normal income sources. People who work in the informal sector do not declare their income and pay no taxes on them. The term includes illegal activities, such as drug pushing and smuggling. It also includes cleaning car windshields at traffic lights or doing construction work, i.e., legal work.
So Yes small stationery shops & Grocery shops comes under informal sector Also House helpers are informal workers.
Regards
Any economic activity by unincorporated businesss is called informal and includes eg: such as the neighbourhood barbers, Vendors of fruit and vegetables, service providers such as plumbers & electricians, domestic helpers, and retail businesses such as stores, restaurants, etc
The informal sector, also known as the underground economy, black economy, shadow economy, or gray economy, is part of a country’s economy that is not recognise as normal income sources. People who work in the informal sector do not declare their income and pay no taxes on them. The term includes illegal activities, such as drug pushing and smuggling. It also includes cleaning car windshields at traffic lights or doing construction work, i.e., legal work.
So Yes small stationery shops & Grocery shops comes under informal sector Also House helpers are informal workers.
Regards
