BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What’s the difference between “gross” and “net” pay?
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Net pay is what I earn before taxes come out, gross is what I receive after taxes come out
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Gross pay is what I earn before taxes come out, net is what I receive after taxes come out
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They are two terms for the same thing
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None of the above
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Explanation:
Detailed explanation-1: -However, Gross Salary is what a company pays to an employee before deductions and Net Salary is what an employee receives after deductions. In India, lakhs of youngsters join the professional workforce every year, with each of them earning different salaries depending on their job profiles and skill levels.
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