Input the employee name and basic salary calculate and display the netsalary using following condition
if the basic salary is more than 50000 then include 10% Tax
if the basic salary is more than 30000 then include 5% Tax
otherwise no Tax.
public class JavaEx {
public static void main(String args[])
{
String name ="Peter";
double basicsalary = 60000.00;
double tax,nsal;
if (basicsalary > 50000)
{
tax = basicsalary * 10/100;
}
else if(basicsalary > 30000)
{
tax = basicsalary * 5/100;
}
else
{
tax = 0;
}
System.out.println(tax);
nsal = basicsalary - tax;
System.out.println(nsal);
}
}