Gross pay is the amount of money you earn before any payroll deductions are taken out of your paycheck. In contrast, your net pay is the amount of money you take home after deductions like taxes, ...

It's almost that time of year; tax season is nearly here. But with all the forms and applications you need to fill out, it's easy to get confused. No matter if it's your first time or you've been ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Whether you’re an employer running payroll or a W-2 employee trying to understand where your paycheck is going, it’s important to know which federal, state and benefits-related deductions come out of ...

The New Labour Code 2025, rolled out last month, has introduced a clearer and more uniform definition of wages. Under the new rules, an employee’s basic pay, dearness allowance and retaining allowance ...

The New Labour Code 2025, which came into effect last month, has reshaped how salaries are structured. Under the new rules, basic pay, dearness allowance and retaining allowance must together make up ...