National Income Accounting

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Gross Domestic Product at Market Price (GDP_MP): is the market value of all the final goods and services produced by all producing units located in the domestic territory of a Country during an Accounting year.
Net Domestic Product at Market Price (NDP_MP): = GDP_MP – Depreciation (Consumption of fixed capital).
Gross National Product at Market Price (GNP_MP) is the market value of all the final goods and services produced by normal residents (in the domestic territory and abroad) of a country during an accounting year.
Net National Product at Market Price (NNP_MP) = GNP_MP – Depreciation
Personal income: Personal income is the sum total of all the incomes that are actually received by households from all the sources within and outside the country.
Personal income (PI) = Private income - Coroporate tax - Undistributed Profit. or 
Personal income (PI) = National income - Surplus of public sector  - Corporate tax - Undistributed Profit + All types of transfer incomes.
Personal disposable income: It refers to that part of personal income which is actually available at the disposal of households.
Personal disposable income (PDI) = Personal Income - Personal Taxes - Miscellaneous receipts of the govt.
National Disposable Income (NDI): It is defined as net national product at market prices (NNP_MP) plus current transfers from rest of the world.
National Disposable Income = National Income + Net Indirect Taxes + Net current transfers from rest of the world.
Private Income: Private income refers to the income which accrues to the private sector from all sources within and outside the country.
Private Income = Factor income from net domestic product accruing to the private sector + National debt interest + Net factor income from abroad + Current transfers from government + Other net transfers from the rest of the world.
Private Income = Personal Income + Corporate Tax + Undistributed Profit.