1.Family income is the income from all sources like salary of family members, rents, and interest received from banks and savings from using skill of family members. Money can also be saved by using free facilities like medical facilities, free education for children or rent free accommodation.
2.Direct income is one which is earned directly by way of business activities. Indirect income is one which is earned by way of non-business activities.
Answers & Comments
Explanation:
1.Family income is the income from all sources like salary of family members, rents, and interest received from banks and savings from using skill of family members. Money can also be saved by using free facilities like medical facilities, free education for children or rent free accommodation.
2.Direct income is one which is earned directly by way of business activities. Indirect income is one which is earned by way of non-business activities.