Define a class IncomeTax and input the pan number, name, taxincome. Ca

1.	Define a class IncomeTax and input the pan number, name, taxincome. Calculate and display the income tax as per the slab given below.Slab to calculate income tax:Total Annual Taxable income Tax RateUpto 1,00,000 no taxFrom 1,00,001 to 1,50,000 10% of the income exceeding 1,00,000From 1,50,001 to 2,50,000 5000+20%of the income exceeding 1,50,000Above 2,50,000 25,000+30% of the income exceeding 2,50,000java program
Answer» Answer: Define a class IncomeTax and input the PAN number, name, taxincome. CALCULATE and DISPLAY the income TAX as per the slab given below. Slab to calculate income tax: Total Annual Taxable income Tax Rate Upto 1,00,000 no tax From 1,00,001 to 1,50,000 10% of the income exceeding 1,00,000 From 1,50,001 to 2,50,000 5000+20%of the income exceeding 1,50,000 Above 2,50,000 25,000+30% of the income exceeding 2,50,000 java program

Define a class IncomeTax and input the pan number, name, taxincome. Calculate and display the income tax as per the slab given below.Slab to calculate income tax:Total Annual Taxable income Tax RateUpto 1,00,000 no taxFrom 1,00,001 to 1,50,000 10% of the income exceeding 1,00,000From 1,50,001 to 2,50,000 5000+20%of the income exceeding 1,50,000Above 2,50,000 25,000+30% of the income exceeding 2,50,000java program

Answer»

Answer:

Define a class IncomeTax and input the PAN number, name, taxincome. CALCULATE and DISPLAY the income TAX as per the slab given below.

Slab to calculate income tax:

Total Annual Taxable income Tax Rate

Upto 1,00,000 no tax

From 1,00,001 to 1,50,000 10% of the income exceeding 1,00,000

From 1,50,001 to 2,50,000 5000+20%of the income exceeding 1,50,000

Above 2,50,000 25,000+30% of the income exceeding 2,50,000

java program