Other related variables in National Income account Net domestic product Net Domestic Product= GDP-Depreciation National income National income Net domestic product Net Foreign Factor Income-Indirect Tax Personal Income Personal income= National income Social security Contribution Corporate Income Tax Retained Profit- Transfer payment Disposable Income Disposable Income= Personal Income-Personal Tax4 Other Related Variables in National Income Account ➢ Net Domestic Product Net Domestic Product = GDP – Depreciation ➢ National Income National Income = Net Domestic Product - Net Foreign Factor Income - Indirect Tax ➢ Personal Income Personal Income = National Income - Social Security Contribution - Corporate Income Tax - Retained Profit - Transfer Payment ➢ Disposable Income Disposable Income = Personal Income - Personal Tax