The document describes an income tax calculation based on annual income. It provides tax rates of 4% for income over 1,000,000 Rs, 2% for income between 500,000-1,000,000 Rs, and no tax (NIL) for income below 500,000 Rs. A flowchart and Python program should be created to accept annual income and display the applicable income tax amount.
The document describes an income tax calculation based on annual income. It provides tax rates of 4% for income over 1,000,000 Rs, 2% for income between 500,000-1,000,000 Rs, and no tax (NIL) for income below 500,000 Rs. A flowchart and Python program should be created to accept annual income and display the applicable income tax amount.
The document describes an income tax calculation based on annual income. It provides tax rates of 4% for income over 1,000,000 Rs, 2% for income between 500,000-1,000,000 Rs, and no tax (NIL) for income below 500,000 Rs. A flowchart and Python program should be created to accept annual income and display the applicable income tax amount.