Write a program inJava to enter the name of an employee and his basic salary.Calculatend print gross salary and net salary using the following criteria Gross salary=Basic+ HRA + DA +CA HRA = 35 % ofBasic Salary DA= 50 % of Basic Salary CA 15 %of Basic Salary 1 of 2 Net Salary-Gross Salary- Deductions Deductions=PF +IT PF = 8.33 % of Gross Salary IT=22% of Gross Salary
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Formula of finding gross salary.
Gross Salary = Basic + HRA + DA + Allow – PF
Here, HRA = 20% of Basic
DA = 50% of basic
Allow = 1700 if grade = ‘A’
Allow = 1500 if grade = ‘B’
Allow = 1300 if grade = ‘C’
PF = 11% of basic
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