Economics · Income Tax
In legal and historical financial contexts, the term 'Pin Money' refers to:
- 1Income derived from buildings used for agricultural purposes
- 2Income generated by non-residents from shipping businesses
- 3An allowance or amount given by a husband to his wife for her personal expenses✓
- 4Receipts received on account of institutions like Gaushalas and Dharamshalas
Correct answer
An allowance or amount given by a husband to his wife for her personal expenses
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