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Why is gross salary not the same as net salary?

User Sherwood
by
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2 Answers

5 votes

Answer:

i couldnt even tell what the first person was saying.

Step-by-step explanation:

said everything but the answer. but in short i feel like its Gross salary is the amount before any deductions, so it is more.

User Ozoli
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5.1k points
3 votes

Answer:

For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.

Step-by-step explanation:

User Ahmad Nadeem
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5.3k points