Published:
# simple tax calculator india
total_salary = 100000
tax_total = 0
updated_salary = total_salary - 250000 # first slab removed from main salary
updated_salary = updated_salary - 150000 # 80c removed
if updated_salary > 250000:
tax_total = tax_total + (250000 * (0.05))
updated_salary = updated_salary - 250000 # 5 % slab removed
if total_salary > 500000 and updated_salary > 0:
tax_total = tax_total + (500000 * (0.20))
updated_salary = updated_salary - 500000
if total_salary > 1000000 and updated_salary > 0:
tax_total = tax_total + (updated_salary * (0.30))
updated_salary = updated_salary - tax_total
print(updated_salary, ' updated salary')
print(tax_total, ' tax total')
# some bugs needs to be fixed