- 1
C++
The application should accept the inputs from the user (Basic salary, Tax Relief Amount) The application should display outputs. The outputs included Basic salary, Tax Relief Amount, SSNIT Contribution, Chargeable Income, Income Tax Amount, Total Deductions and Net Income. All the outputs to Currency format.The formulas for calculation are: SSNIT contribution = 5.5% of basic salary Chargeable Income = Basic salary - (tax relief + SSNIT contribution).Income Tax = 2.02% of chargeable income.Total Deduction =
2 Answers
+ 3
Seems like proffesional grade accounting software.