Question No. 24 • The basic salary of Mr. Amar is Rs.5,00,000. His employer contributes 13% of his salary in RPF. will be his taxable amount of RPF Answer A. O Rs. 5,000 B. O Rs. 6,000 C. O Rs. 60,000 D. O Rs. 12,00
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Net salary is the total salary one gets after all the mandatory deductions such as taxed that are made from the total gross salary. This is the total amount that gets credited to the bank account of the employee after all the deductions are done.
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