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Gross salary is the headline salary that an employee is paid prior to any deductions. Net salary is what is actually paid into the employees bank account after deductions, the deductions could include some of the following: * Taxation * National Insurance * Pension Contributions * Union Subscriptions * Student loan repayments For exmple a job might be advertised as paying £20,000 pa, this is the gross salary, however after deductions the employee might receive £14,000 pa, this is the next salary

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What is difference between gross salary and net salary?

Let's say your employer agrees to pay you $1000 per month, and then (for example) 20% of that is deducted for taxes and social benefits, so you only get $800. The gross salary is the salary before the deductions. In the above example, 1000. The net salary is after the deductions. In the example, 800.


Gross salary in India?

gross salary=net salary+deduction


What is a salary net of tax?

This is termed as your "Gross Salary" or "Net Salary".


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 are the difference between Basic Salary and Net pay?

can u pls give me the difference between basic and net pay


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 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?

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