Write a program to input income and calculate tax on different percentage depending upon income and print it. (JAVA)
Income tax
below 250000 0%
250000 – 500000 5%
500000 – 1000000 20%
above 1000000 30%
/* Write a program to input income and calculate tax on different percentage depending upon income and print it. (JAVA) income tax below 250000 0% 250000 - 500000 5% 500000 - 1000000 20% above 1000000 30% */
package com.company; import java.util.Scanner; public class TaxCalculator { public static void main(String args[]) { Scanner sc = new Scanner(System.in); System.out.println("INPUT YOUR INCOME : "); int income = sc.nextInt(); int taxP =0; if ( income >= 250000 && income <= 500000 ) { taxP = 5; } else if ( income >= 500000 && income <= 1000000 ) { taxP = 20; } else if ( income > 1000000 ) { taxP = 30; } System.out.println("YOU ARE UNDER : " + taxP + "% TAX BRACKET"); double tax = 0; tax = (taxP * income)/100; System.out.println("Tax to be paid is :" + tax ); } }
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