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tax_calculator.py
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def calculate(amount, percent):
return (amount * percent) / 100
def calculate_income_tax(total_income:float) -> float:
if total_income <= 250000:
return 0
elif total_income <= 500000:
return calculate(total_income - 250000, 5)
elif total_income <= 750000:
return calculate(total_income - 500000, 10) + 12500
elif total_income <= 1000000:
return calculate(total_income - 750000, 15) + 37500
elif total_income <= 1250000:
return calculate(total_income - 1000000, 20) + 75000
elif total_income <= 1500000:
return calculate(total_income - 1250000, 25) + 125000
else:
return calculate(total_income - 1500000, 30) + 187500
if __name__ == '__main__':
try:
total_income = float(input("Please enter your taxable income (per annum) in India: "))
except ValueError:
print("Please enter a valid number")
tax = calculate_income_tax(total_income)
print(f"Total tax applicable = ₹{tax}")