Salary
Tax Rate
Upto Rs. 1,00;000
No tax
From 1,00,001 to 1,50,000
10% of the salary exceeding Rs. 1,00,000
From 1,50,001 to 2,50,000
Rs. 5,000 + 20% of the salary exceeding Rs. 1,50,000
Above 2,50,000 Rs. 25,000 + 30% of salary exceeding Rs. 2,50,000
Write a program to input the age, gender(case 1 for male or case 2 for female) and salary of a person.
If it is a male age should be less than 65 to calculate taxable income. If the person is a female, the age should be less than 60 to calculate the taxable income as per the above table. If their ages exceed 65 or 60 for a male or a female respectively, your program should print the message “Time to retire and tour the world!”
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Explanation:
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