Computers and Technology, 23.10.2021 14:00 91miketaylor

Problem: A manufacturing company has classified its executives into four levels for the benefits of certain perks. The levels and corresponding perks are shown below: Perks
Level Conveyance Entertainment
allowance allowance

1 1000 500
2 750 200
3 500 100
4 250 -

An executive’s gross salary includes basic pay, house rent allowance at 25% of basic pay and other perks. Income tax is withheld from the salary on a percentage basis as follows:

Gross salary Tax Rate

Gross<=2000 No tax deduction
2000< Gross<=4000 3%
4000 Gross>5000 8%

Write a program that will read an executive’s job number, level number, and basic pay and then compute the net salary after withholding income tax.
Problem Analysis:
Gross salary=basic pay+ house rent allowance +perks
Net salary=Gross salary- income tax

The computations of perks depends on the level, while the income tax depends on the gross salary.
The major steps are Read data, calculate perks, calculate gross salary, calculate income tax, compute net salary and print the results.

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Problem: A manufacturing company has classified its executives into four levels for the benefits of...

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