Question

Problem Description: Objective: Given a real-world problem be able to understand the need for control structures The finance department of a company wants to calculate the monthly net pay of one of its employee by finding the income tax to be paid (in Indian Rupees) and the net salary after the income tax deduction. The employee should pay income tax if his monthly gross salary is more than Rs. 10,000 (Indian Rupees) and the percentage of income tax should be considered as 20% of the gross salary. Display the employee id, basic salary, allowances, gross pay, income tax and net pay. Note: Employee Id must be considered as 1001, Basic salary of the employee must be considered as Rs.15000.00 and Allowances must be considered as Rs.6000.00

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