Income

Difference Between Hicks and Slutsky
The Slutsky Equation shows the relative changes between the Marshallian demand and the Hicksian demand functions. ... The demand changes based on the ...
Difference between GAAP and 704 (b)
Section 704(b) accounts reflect a partner's economic interest in the entity, GAAP balances report balances that comply with accounting board requireme...
Difference Between EBIT and Net Income
Earnings before interest and taxes (EBIT) is a company's net income before interest and income tax expenses have been deducted. ... Since net income i...
Difference Between Personal Income and Personal Disposable Income
Disposable Income Personal income is the sum of all incomes actually received by an individual or household from all the sources during a given year. ...
Difference Between TDS and Income tax
TDS or Tax Deducted at Source is income tax reduced from the money paid at the time of making specified payments such as rent, commission, professiona...
Difference Between GNI and GDP
GDP is the total market value of all finished goods and services produced within a country in a set time period. GNI is the total income received by t...
Difference Between TDS and TCS
TDS is the tax which is deducted on a payment made by a company to an individual, in case the amount exceeds a certain limit. TCS is the tax which is ...
Difference Between National Income and Disposable Income
National Income Vs Disposable Income National income is the total value of the total output of a country, it includes all goods and services produced ...
Difference Between Passive and Non-passive Income
Nonpassive income and losses constitute any income or losses that cannot be classified as passive. Nonpassive income includes any active income, such ...