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For a business, gross income (also gross profit, sales profit, or credit sales) is the difference between revenue and the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments. This is different from operating profit (earnings before interest and taxes). [1]
Compensation of employees (CE) is a statistical term used in national accounts, balance of payments statistics and sometimes in corporate accounts as well. It refers basically to the total gross (pre-tax) wages paid by employers to employees for work done in an accounting period, such as a quarter or a year.
Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).
A salary is a form of periodic payment from ... employees' & state organizations ... For a 23 year old on 1 January 2014 is 1485,60 Euro gross salary / month plus 8% ...
The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [3] needs in Singapore.
New York lost more than $14.1 billion in state-adjusted gross income between 2021 and 2022 as residents fled to New Jersey, Florida and other low-tax states, according to the latest Internal ...
In 2008, Jean-Claude Juncker, president of the European Commission's "Eurogroup" of finance ministers, called excessive pay a "social scourge" and demanded action. [42] In 2013, there was a push by then European Commissioner for Internal market and Services, Michel Barnier , to legislate that shareholder be given votings rights to challenge ...
The average annual salary of ministers is about 1.1 million Singapore dollars (nearly $834,000), according to the government. The last corruption case involving a Singaporean minister was in 1986.