Homework Help is Here – Start Your Trial Now!
Engineering
Computer Engineering
Write a program that takes as input your gross salary and your total saving and uses another function named taxCalculator() to calculate your tax. The taxCalculator() function takes as parameters the gross salary as well as the total savings amount. The tax is calculated as follows: (a) The savings is deducted from the gross income to calculate the taxable income. Maximum deduction of savings be Rs. 100,000, though the amount be more than this. can even can (b) For up to 100,000 as taxable income the tax is 0 (Slab 0); beyond 100,000 to 200,000 tax is 10% of the difference above 100,000 (Slab 1); beyond 200,000 up to 500,000 the net tax is the tax calculated from Slab 0 and Slab 1 and then 20% of the taxable income exceeding 200,000 (Slab 2); if its more than 500,000, then the tax is tax from Slab 0, Slab 1, Slab 2 and 30% of the amount exceeding 500,000.

Write a program that takes as input your gross salary and your total saving and uses another function named taxCalculator() to calculate your tax. The taxCalculator() function takes as parameters the gross salary as well as the total savings amount. The tax is calculated as follows: (a) The savings is deducted from the gross income to calculate the taxable income. Maximum deduction of savings be Rs. 100,000, though the amount be more than this. can even can (b) For up to 100,000 as taxable income the tax is 0 (Slab 0); beyond 100,000 to 200,000 tax is 10% of the difference above 100,000 (Slab 1); beyond 200,000 up to 500,000 the net tax is the tax calculated from Slab 0 and Slab 1 and then 20% of the taxable income exceeding 200,000 (Slab 2); if its more than 500,000, then the tax is tax from Slab 0, Slab 1, Slab 2 and 30% of the amount exceeding 500,000.

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
See similar textbooks
icon
Related questions
Question

Complete this with java Programming 

Write a program that takes as input your gross salary and your total saving and uses another function named taxCalculator() to calculate your tax. The taxCalculator() function takes as parameters the gross salary as well as the total savings amount. The tax is calculated follows: as (a) The savings is deducted from the gross income to calculate the taxable income. Maximum deduction of savings can be Rs. 100,000, even though the amount can be more than this. (b) For up to 100,000 as taxable income the tax is 0 (Slab 0); beyond 100,000 to 200,000 tax is 10% of the difference above 100,000 (Slab 1); beyond 200,000 up to 500,000 the net tax is the tax calculated from Slab 0 and Slab 1 and then 20% of the taxable income exceeding 200,000 (Slab 2); if its more than 500,000, then the tax is tax from Slab 0, Slab 1, Slab 2 and 30% of the amount exceeding 500,000.
Transcribed Image Text:Write a program that takes as input your gross salary and your total saving and uses another function named taxCalculator() to calculate your tax. The taxCalculator() function takes as parameters the gross salary as well as the total savings amount. The tax is calculated follows: as (a) The savings is deducted from the gross income to calculate the taxable income. Maximum deduction of savings can be Rs. 100,000, even though the amount can be more than this. (b) For up to 100,000 as taxable income the tax is 0 (Slab 0); beyond 100,000 to 200,000 tax is 10% of the difference above 100,000 (Slab 1); beyond 200,000 up to 500,000 the net tax is the tax calculated from Slab 0 and Slab 1 and then 20% of the taxable income exceeding 200,000 (Slab 2); if its more than 500,000, then the tax is tax from Slab 0, Slab 1, Slab 2 and 30% of the amount exceeding 500,000.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Computer Networking: A Top-Down Approach (7th Edi…
Computer Networking: A Top-Down Approach (7th Edi…
Computer Engineering
ISBN:
9780133594140
Author:
James Kurose, Keith Ross
Publisher:
PEARSON
Computer Organization and Design MIPS Edition, Fi…
Computer Organization and Design MIPS Edition, Fi…
Computer Engineering
ISBN:
9780124077263
Author:
David A. Patterson, John L. Hennessy
Publisher:
Elsevier Science
Network+ Guide to Networks (MindTap Course List)
Network+ Guide to Networks (MindTap Course List)
Computer Engineering
ISBN:
9781337569330
Author:
Jill West, Tamara Dean, Jean Andrews
Publisher:
Cengage Learning
Concepts of Database Management
Concepts of Database Management
Computer Engineering
ISBN:
9781337093422
Author:
Joy L. Starks, Philip J. Pratt, Mary Z. Last
Publisher:
Cengage Learning
Prelude to Programming
Prelude to Programming
Computer Engineering
ISBN:
9780133750423
Author:
VENIT, Stewart
Publisher:
Pearson Education
Sc Business Data Communications and Networking, T…
Sc Business Data Communications and Networking, T…
Computer Engineering
ISBN:
9781119368830
Author:
FITZGERALD
Publisher:
WILEY
SEE MORE TEXTBOOKS