Write a java program which initialization earning of an employee. The
program should calculate the income tax to be paid by the employee as per the
criteria given below:
Slab rate IT rate
Upto Rs. 50,000 Nil
Upto Rs. 60,000 10% on additional amount
Upto Rs. 1,50,000 20% on additional amount
Above Rs. 1,50,000 30% on additional amount
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java program which initialization earning of an employee. The program should calculate the income tax to be paid by the employee as per the criteria given below:Slab rate IT rate Upto Rs. 50,000 Nil Upto Rs. 60,000 10% on additional amount Upto Rs. 1,50,000 20% on additional amount Above Rs. 1,50,000 30% on additional amount
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