Question: Question 2: Write a java program to calculate the net salary for the employee after deducting the due taxes. The due tax is calculated according

Question 2:

  • Write a java program to calculate the net salary for the employee after deducting the due taxes. The due tax is calculated according to the following formulas.

Basic salary

Income tax percentage from the basic salary

Greater than or equal to 15000

20 %

10000-14999

15 %

5000-9999

10 %

Less than 5000

5 %

  • Ask the user to enter his basic salary and print out the net salary after deducting the due taxes.

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