Gross income is purely a pre-tax amount, so taxes aren't relevant to the calculation. If you receive an annual salary How to calculate gross income if you receive an annual salary If you're paid ...

It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

As for cities where a middle-class salary doesn't adequately cover mortgage and other living costs, West Coast markets are ...

Let’s say you are paying rent. You can take HRA so that your taxable income is reduced. 40% of the salary for rented properties located in non-metro cities, or 50% of the salary for properties ...