WAP in Java to calculate the tax for a taxable income of Rs. 410000, if the tax rate is fixed at 3.2 %
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Answer:
public class Main
{
public static void main(String[] args) // main method
{
int inc=410000; // variable declaration
double rate1=3.2; // variable declaration
double payabletax1;// variable declaration
payabletax1=inc*(rate1/100);
System.out.println("Payable tax amount : "+payabletax1);
}
}
Output:
Payable tax amount : 13120.0
Explanation:
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