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Previous earnings - Gross or Net

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hsmp_aspi
Newbie
Posts: 40
Joined: Fri Nov 27, 2009 2:01 am

Previous earnings - Gross or Net

Post by hsmp_aspi » Fri Jan 01, 2010 6:16 am

Hi friends

Happy New Year to all....

I have a query relating to previous earnings. E.g Following is my salary structure -

Basic Salary + Allowances - 60000
Deductions - 5000

Net Salary which gets credited to my bank account - 60000 - 5000 = 55000.

I wanted to know what for considering the previous earnings, what salary will be considered in this case - 60000 or 50000?

Thanks in advance.

chakku71
Junior Member
Posts: 91
Joined: Thu May 15, 2008 2:24 am

Re: Previous earnings - Gross or Net

Post by chakku71 » Fri Jan 01, 2010 9:05 am

hsmp_aspi wrote:Hi friends

Happy New Year to all....

I have a query relating to previous earnings. E.g Following is my salary structure -

Basic Salary + Allowances - 60000
Deductions - 5000

Net Salary which gets credited to my bank account - 60000 - 5000 = 55000.

I wanted to know what for considering the previous earnings, what salary will be considered in this case - 60000 or 50000?

Thanks in advance.
Always, Gross. Only the tax man is interested in your net yearly earnings.
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