.Write a program to print net sal of an employee if his salary is greater than 10000 then apply hra(house rent allowance) is 10% of sal and da(dearness allowance) is 5% of sal and pf is 15% of sal and It(Income tax) is 10% of sal code example
Example: hra means
House rent allowance
House rent allowance (HRA) is a basic component of your salary. However, most of us are not familiar about the rules that can help us save tax on it. If you are a salaried employee living on rent, then here's how you can use HRA to reduce your tax liability. Calculation of tax-exempt HRA amount.