My question is--------- wether the profits earned by a foreign bank located in India will be included India's domestic income - Economics - National Income Accounting

Question

My question is--------- wether the profits earned by a foreign bank
located in India will be included India's domestic income or not as
foreign bank comes under India's domestic territory Our these
profits also added or ignored in national income

Shruti Mishra · Accepted Answer

Dear Student,
Profits earned by foreign banks located in India: Profit earned
by foreign banks in India will be included in the domestic income
of India as they lie within the domestic territory of the
country
Therefore, yes it will be included in the domestic factor income as
profits are earned within the domestic territory of India

Regards

My question is--------- wether the profits earned by a foreign bank located in India will be included India's domestic income or not as foreign bank comes under India's domestic territory . Our these profits also added or ignored in national income

Profits earned by foreign banks located in India: Profit earned by foreign banks in India will be included in the domestic income of India as they lie within the domestic territory of the country.