Gross annual income Tax deduction
<=100000 Nil
100001 to 150000 10%of the income exceeding 1 lakh
150001 to 200000 5000+20%of the income exceeding 150000
Above 200000 15000+30%of the income exceeding 200000
Write a programto input gross annual income and print the payable income tax.2. The water department has an annual water conservation policy.The rates are based on the water consumption of the consumer.
Water in gallons Tax rate
>=45 but <=75 475.00
>75 but <=125 750.00
>125 but <=200 1225.00
>200 but <=350 1650.00
>350 2000.00
Display an annual water tax on the input value of water consumption. [ICSE 2003]
3. Write a program to find the gross salary of an employee for the following allowances and deduction.
Dearness allowance (DA)= 25% of Basic Pay
House rent allowance(HRA) = 15% of basic pay
Provident fund(PF) = 8.33% of basic pay
Net pay = Basic+DA+HRA
Gross Pay = Net pay - PF [ICSE 2005]