C# - Visual Studio Community
1.3 In a country XYZ a government organization classifies itsemployees according to categories: A and B. The salary of anemployee depends on the number of years of service, and thecategory of the employee. The gross yearly salary grid is shownbelow.
| Category A | Category B |
Years | | |
0-4 | $Â Â 45,000 | $ 52,000 |
5-9 | $Â Â 50,000 | $ 60,000 |
10-14 | $ 55,000 | $ 67,000 |
15-19 | $ 58,000 | $ 74,000 |
>19 | $ 60,000 | $ 80,000 |
If an employee earns less than $55,000, the tax rate on incomeis 30%. Between $55,000 and below $70,000 the rate is 35%. Above$70,000, the rate is 40%. Employees can also choose between 0%, 3%,or 5% option for their yearly pension savings as a percentage oftheir pay after taxes. Develop an application that will allowindicating employee category (use radio buttons), years of service(text box or list box), and chosen pension saving plan (radiobuttons). The application should calculate: 1) the gross salary; 2)taxes deducted; 3) pension deduction; and 4) the net pay (all on ayearly basis).