How is the Net Salary (NS) of an employee determined? |
NS = BPE + PF + TDS NS = TE - TD NS = TE + TD NS = BPE - Allowances |
NS = TE - TD |
The correct answer is option 2- NS = TE - TD. The Net Salary (NS) is the amount payable to an employee. It is obtained by deducting Total Deductions (TD) from Total Earnings (TE) as given below : |