An organization allows its employees to work independently on consultancy projects but charges an overhead on the consulting fee.
The overhead is 20% of the consulting fee if the fee is up to ₹5,00,000.
For higher fees, the overhead is ₹1,00,000 plus 10% of the amount by which the fee exceeds ₹5,00,000.
The government charges a Goods and Services Tax (GST) of 18% on the total amount (i.e., the consulting fee plus the overhead).
An employee of the organization charges this entire amount — that is, the consulting fee, overhead, and tax — to the client.
If the client cannot pay more than ₹10,00,000, what is the maximum consulting fee that the employee can charge?