How to calculate Net salary?
To calculate net salary, start with your gross salary, which is the total amount you earn before any deductions. From this amount, subtract all applicable taxes such as income tax and social security contributions. Then, subtract any other deductions like health insurance, retirement contributions, or loan repayments. The remaining amount after all these subtractions is your net salary, which is the actual take-home pay you receive.
- Average duration
- 10 minutes
- Years Active
- 2025
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