0
Gross pay is the amount without deducting any withholding tax or deduction at source i.e; comapies are bound to duduct the taxes on salary of employer at the time of payment and that pay after deduction of taxes is called net pay.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the difference between gross payment and net payment?
Gross = Before TaxesNet= After Taxes
What is the difference between gross pay and net after tax incomes?
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
Difference between gross income and net income?
JLJLHLHLHIIH
What is the difference between gross and net interest in your savings?
what is your dads name
What is difference between gross working capital and net working capital?
Gross working capital is the amount company invested in current assets while net working capital is the difference between current assets and current liabilities.
What is the difference between net and gross margin?
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
What is the difference between gross pay and net after tax incomes?
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
What is the difference between gross payment and net payment?
Gross = Before TaxesNet= After Taxes
Difference between gross income and net income?
JLJLHLHLHIIH
What is the difference between gross private domestic investment and net private domestic investment?
is net invesment = gross investment - depreciation
What is the difference between short net ton and a long gross ton?
well there is no difference
What is the difference in Net and gross pricing in construction?
What is the difference in Net and gross pricing in construction?
What is the difference between gross and net interest in your savings?
what is your dads name
What is the difference between gross and net in oil?
As far as my knowledge goes, the difference between net and gross values is that the gross value is the value before deductions, while net is basically after deductions from your gross value. Hope it helps!
What is the difference between a gross and net withdrawal from a fund?
The difference between a gross and net withdrawal from a fund has to do with how much money you will receive. The gross withdrawal is the amount taken out of your fund which includes fees that you will not get to keep, the net withdrawal is the amount you receive after the bank's fees and any others are taken out.
What is the difference between gross complements and net complements in economics?
C====3
What called The difference between net sales and cost of goods sold divided by net sales?
1. Net sales - cost of goods sold = Gross profit Gross profit / Net sales = Gross profit ratio
