The sum that is credited to an employee’s salary account on a monthly basis (or weekly, depending on the conditions of the employment contract) is known as the net salary, sometimes known as the take-home pay. This amount is supplied by the company where the person works after the employer deducts things like professional taxes, EPF, etc.

The sum that is credited to an employee’s salary account on a monthly basis (or weekly, depending on the conditions of the employment contract) is known as the net salary, sometimes known as the take-home pay. This amount is supplied by the company where the person works after the employer deducts things like professional taxes, EPF, etc.