Write a program in Java to input monthly income to calculate and print

1.	Write a program in Java to input monthly income to calculate and print Net Tax as per thefollowing formula:Net tax = Annual Income Tax + Health and Education Cess.
Answer» Answer: import java.util.; class Tax { public static VOID main (String[]args) { Scanner sc=new Scanner (System.in); System.out.println("Enter the ANNUAL Income"); int income=sc.nextInt(); DOUBLE tax1=0; double TAX2=0; double net_tax=0; if(income<=250000) { tax1=0; tax2=0; } else if(income>250000 && income<=500000) { tax1=(5.0income)/100; tax2=(4.0income)/100; } else if(income>500000 && income<=1000000) { tax1=(20.0income)/100+12500; tax2=(4.0income)/100; } else { tax1=(30.0income)/100+112500; tax2=(4.0*income)/100; } net_tax=tax1+tax2; System.out.println("Net tax:"+net_tax); } }

Write a program in Java to input monthly income to calculate and print Net Tax as per thefollowing formula:Net tax = Annual Income Tax + Health and Education Cess.

Answer»

Answer:

import java.util.*;

class Tax

{

public static VOID main (String[]args)

{

Scanner sc=new Scanner (System.in);

System.out.println("Enter the ANNUAL Income");

int income=sc.nextInt();

DOUBLE tax1=0;

double TAX2=0;

double net_tax=0;

if(income<=250000)

{

tax1=0;

tax2=0;

}

else if(income>250000 && income<=500000)

{

tax1=(5.0*income)/100;

tax2=(4.0*income)/100;

}

else if(income>500000 && income<=1000000)

{

tax1=(20.0*income)/100+12500;

tax2=(4.0*income)/100;

}

else

{

tax1=(30.0*income)/100+112500;

tax2=(4.0*income)/100;

}

net_tax=tax1+tax2;

System.out.println("Net tax:"+net_tax);

}