Question

Write a Java program that accepts the salary of an employee, then deducts the income tax from the salary on the following basis: 30% income tax if the salary is above or equal $15000. 20% income tax if the salary is between $7000 and $15000. 10% income tax if the salary is below or equal $7000. Your program then should output the salary, income tax and the net salary.

Answer 1

//IncomeTax.java
import java.util.Scanner;
public class IncomeTax {
    public static void main(String[] args) {
        Scanner scan = new Scanner(System.in);
        System.out.print("Enter salary: ");
        double salary = scan.nextDouble();
        double tax = 0;
        if(salary>=15000){
            tax = salary*30/100;
        }
        else if(salary>=7000){
            tax = salary*20/100;
        }
        else{
            tax = salary*10/100;
        }

        System.out.println("Salary: $"+salary);
        System.out.println("Tax: $"+tax);
        System.out.println("Net salary: $"+(salary-tax));
    }
}