Question

Write a program to input the pan number, name, taxable income of an

employee and compute the tax according to the given conditions and display

the output as per given format.

Total Annual Taxable Income Tax_Rate

Up to Rs. 1,00,000 No tax

From 1,00,001 to 1,50,000 10% of the income

exceeding Rs.l,00,000

From 1,50,001 to 2,50,000 Rs. 5000 + 20% of the income

exceeding Rs.l ,50,000

Above Rs.2,50,000 Rs. 25,000 + 30% of the

Income exceeding Rs.2,50,000.

Name: -----------

PAN No.: -----------

Taxable income: -----------

Tax amount: -----------

Net Income: -----------

(Net income = taxable income – tax amount)
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Answer 1

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