These deductions are the difference between gross pay and net pay. Failure to make the proper deductions from an employee’s wages or salary could get you in trouble with your staff and the IRS.

Have you ever wondered why your take-home salary is less than your gross salary? Do you understand your salary structure? What’s the difference between cost to company (CTC) and take-home pay?

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. A pay stub is what you give employees with their paycheck ...

Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay and net ... But even if you have the same salary as someone, that doesn't mean ...

Voluntary contributions to savings schemes like the National Pension System (NPS) or Voluntary Provident Fund (VPF) can enhance your financial security,” added Kuljeet Singh Gross Salary ...