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Gross of fees is the amount before any deductions are taken ie he made $500 gross however his net salary (take home) is $100 as he has so many salary deductions) The

NB. One would not normally say Gross of fee simply gross

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14y ago

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In bank process what is meant by RTGS?

RTGS in banking means fund transfer from one bank branch to another bank branch in real time with gross settlement.Real Time Gross Settlement is the full form for the RTGS?


What are the capital gains taxes on the selling of a deceased persons home valued at 67k and sold at 76k but clear after fees and taxes 68k?

Depends on how this home was passed down to you. Need more info on whether it was a will, a trust, etc. But if it really is valued at 67, your GROSS proceeds are 68, your gain would be 1k.


What is netted revenue?

In the oil and gas industry it represents the working interest owner's share of gross revenue less taxes (production and severance), conservation fees, marketing and handling fees AND their share of operating costs. The owners costs are said to be "netted" against their revenue.


What does gross price and net income mean?

Gross price refers to the total amount charged for a product or service before any deductions, such as taxes, discounts, or additional fees. Net income, on the other hand, is the amount of money an individual or business retains after all expenses, taxes, and deductions have been subtracted from gross income or revenue. Essentially, gross price is what customers pay, while net income reflects the actual profit or earnings received.


What is the percentage of federal taxes withheld on gross income of 2442.31?

You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings

Related Questions

What is really meant by net of fees?

If you're asking in regard to a loan, then net of fees refers to the amount of the loan after fees are deducted. Example: If you are approved for a $100K mortgage and the fees associated with the loan (appraisal, title insurance, etc.) totaled $5K, then you would receive $95K "net of fees".


Can you explain what "gross of fees" means in financial terms?

"Gross of fees" refers to the total amount of money earned or invested before any fees or expenses are deducted. It represents the raw or initial amount without any deductions taken into account.


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.


How would you spell gross sound?

Eew, or for really gross situations Eeeeew!


What is meant by gross domestic product per capita?

It is the value of the gross national product divded by the population of any given country.


Are 12b-5 fees included in gross expense ratio?

Yes, 12b-1 fees are included in the gross expense ratio (GER) of a mutual fund or exchange-traded fund (ETF). The GER encompasses all operating expenses, including management fees, administrative costs, and 12b-1 fees, which are used for marketing and distribution. However, it's important to note that the net expense ratio (NER) can differ if the fund waives certain fees or expenses.


What is a bum hole meant to look like?

It is just a gross word for anus.


Is their chocolate flavoured gum?

yes and it is really gross. Also if you ever had a chocolate slush that is gross!!


Is there anything weird or gross about the Ureter?

not really


How do you use net pay in a sentence?

If you take gross pay and take out taxes and fees you are left with net pay.


What is meant by an 'increase in real GDP by 2 percent '?

GDP = gross domestic product


When was What I Really Meant to Say created?

What I Really Meant to Say was created on 2001-03-26.