Net domestic product at market price is the difference between net national product at market price and net factor income from abroad. Net national product 10 at market price is Gross national product at market price minus depreciation. Net domestic product at market price = Net- national product at market price – Net factor income from abroad.
Net Domestic Product at factor cost (NDP at FC) is the income earned by the factors in the form of wages, profits, rent, interest etc. within the domestic territory of a country. Besides the above four remuneration it also includes (i) reserve fund or corporate saving of firms (ii) corporation and other direct tax (iii) mixed income of self- employed (iv) profits from Govt, enterprises (v) Property income of the Govt and (vi) savings of non-departmental enterprises.