In National Income (NI) accounts, Personal Income (PI) is defined as -
1
NI - undistributed profits - net interest payments made by households - corporate tax + transfer payments to the households from the government and firms
2
NI - undistributed profits - corporate tax + transfer payments to the households from the government and firms
3
Undistributed profits - net interest payments made by households + transfer payments to the households from the government and firms
4
undistributed profits — net interest payments made by households —
corporate tax
corporate tax