Gross Salary

    Gross salary or Gross income is the remuneration that a person earns from his work. It is the basic salary, plus other non-monetary benefits such as housing, car, transport allowance, and medical reimbursement. This should not be confused with net salary since there are many factors (such as taxes and social security) that will affect the employee’s final net salary. Gross salary is also known as “take-home pay.”

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