- PRIMARY INCOME OR MAIN INCOME
- INVESTMENT INCOME
- NET INCOME
- GROSS INCOME
In simple words whatever you are earning is your income .For example if you are salaried person salary is your income .
If you are small business person than net business income is your income .
There is a myth that Income is Capital .You can describe income is Increase In Capital not Capital Itself.
Income is part of Capital .
Conversion of Income into Long term Capital