total gross pay = (hourly_wage *40) + (1.5 * hourly_wage * (worked_hours-40)) .26 Kas 2020
Read moreWhat is added in gross salary?
Gross Salary is employee provident fund (EPF) and gratuity subtracted from the Cost to Company (CTC) . To put it in simpler terms, Gross Salary is the amount paid before deduction of taxes or other deductions and is inclusive of bonuses, over-time pay, holiday pay, and other differentials.
Read moreHow is net salary calculated in Java program?
net salary= GS-income taxAlgorithm:
Read moreHow do I calculate my gross salary?
The basic salary is the base income of the fixed component of the whole compensation offered to employees. Gross Salary is, therefore: Basic Salary + HRA + Other Allowances .
Read moreHow is net salary calculated?
Net Salary = Gross salary – All deductions like income tax, pension, professional tax, etc. Net salary is also referred to as Take Home Salary.
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