Calculate and display the gross salary and net salary when : da = 30% of basic, hra = 12.5% of basic , pf = 10% of basic, gross= basic+ da+ hra, net pay = gross – pf29 Mar 2019
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The amount of tax deduction that can be claimed will be the least of the following:
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Example of integer input from user
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Formula’s :- Gross Salary = Basic + Da + Hra + Ma . Deduction = Gross Salary – Pf – Pt – It. Net Salary = Gross Salary – Deduction. Logic:- For finding a gross salary of Employee we need to calculate DA and HRA then Sum Of Basic Salary + HRA + DA.
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What Is Basic Salary?
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The basic pay is usually 40% of gross income or 50% of an individual’s CTC. Basic salary = Gross pay- total allowances (medical insurance, HRA, DA, conveyance, etc.)
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Java Program For Find The Gross Salary of an Employee
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