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https://github.com/vipin10100001/income-tax-amount-deduction-india--npm-package

NPM package-Income tax amount Deduction FY 2024-25 slab as a package published in npmjs.com
https://github.com/vipin10100001/income-tax-amount-deduction-india--npm-package

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NPM package-Income tax amount Deduction FY 2024-25 slab as a package published in npmjs.com

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# Income-Tax-India-Deduction-Calculation FY 2024-25

## Description
This project aims to create a npm package for calculating the taxable amount from Indian Income Tax Department based on Tax slab
New income tax slabs for FY 2023-24 (AY 2024-25)

## NOTE
Test folder is a sample test done.

| Taxable Income | New Tax Regime Rate |
|---|---|
| Up to Rs. 3,00,000 | NIL |
| Rs. 3,00,000 - Rs. 5,00,000 | 5% |
| Rs. 5,00,000 - Rs. 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |

## Installation

To install the package, use npm:

```bash
npm install income-tax-india-calculator