Salary is a fixed, regular payment for work.
It is the money received each month. It is often expressed as the total amount in a year.
Sara’s salary is Rs.1 Lakh per annum (Rupees one Lac per year).
Income is the total amount of money earned by working, from investments etc.
Reenu’s monthly income is Rs.20 000/-
Wage is the amount of money received everyday or week.
Ravi’s weekly wage is Rs.5000/-
Pay is a word generally used for the money received for working.
Seniors usually get more pay than juniors.
Thats a good differentiation...
ReplyDeleteusually ppl tend to mix it up..
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