This question is about gross pay vs net pay.

Is monthly salary gross or net pay?

By Zippia Team - Dec. 7, 2022

Your monthly salary is gross pay before taxes and other deductions are removed.

When companies tell you what your monthly salary will be, they're telling you the gross salary. If you're calculating your monthly salary according to the amount that goes into your bank account every month, that would be your net monthly pay.

When banks or creditors are asking for your gross income, they're usually looking for your annual gross income, which includes your gross salary, tips, commissions, and other income sources from the whole year before taxes and other deductions were taken out.

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