8.
The rate of income tax for various slabs are as given below :
Income
Rates of Income Tax
Upto 40,000
nil
40,000-60,000
15%
60,000-1,00,000
9000+ 25% of excess over 60,000
Above 1,00,000
19000+ 40% of excess over 1,00,000
Prepare a flowchart to calculate the amount of Income Tax payable f
given amount of income.
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