Given the income of a person the tax is to calculate and display the payable tax according to the given chart.
- Upto ₹25,000 tax will be 0%
- From ₹25,001 to ₹50,000 tax will be 5%
- From ₹50,001 to ₹1,00,000 tax will be 7.5%
- From ₹1,00,001 to ₹5,00,000 tax will be 10%
- From ₹5,00,001 to ₹10,00,000 tax will be 12.5%
- Above ₹10,00,001 tax will be 15%
Java
import java.util.*;
public class IncomeTax
{
public static void main(String args[])
{
double income=0.0,tax=0.0;
Scanner sc=new Scanner(System.in);
System.out.print("Income: ");
income=sc.nextDouble();
if(income<=25000)
{
tax=0;
}
else if(income>25000&&income<=50000)
{
tax=0.05*income;
}
else if(income>50000&&income<=100000)
{
tax=0.75*income;
}
else if(income>100000&&income<=500000)
{
tax=0.1*income;
}
else if(income>500000&&income<=1000000)
{
tax=0.125*income;
}
else if(income>1000000)
{
tax=0.15*income;
}
System.out.println("Payable Tax: Rs "+tax);
}
}