Is income take home pay?

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asked Sep 20, 2022 149k views

2 Answers

AdrianBR · Answer 1 · 2022-09-22T12:08:08+0000

Answer:

Take-home pay is the net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck. .

Step-by-step explanation:

IonFish · Answer 2 · 2022-09-24T09:23:03+0000

Take Home Salary = Gross Salary – Income Tax – Employees Provident Fund – Professional Tax Income Tax is based on the Total Taxable Income of the employee and is deducted at source by employers.

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Is income take home pay?