pluxee-tax-engine

India FY 2024-25 income tax calculator with Pluxee employee benefits optimisation.

Install

npm install pluxee-tax-engine

Usage

import { calculateTax } from "pluxee-tax-engine";

const result = calculateTax({
  grossSalary: 1200000,        // ₹12,00,000
  ageGroup: "under60",         // "under60" | "60to79" | "80plus"
  regime: "new",               // "new" | "old"
  benefits: {
    mealVouchers: 26400,       // exempt up to ₹26,400/yr (old regime only)
    transportAllowance: 19200, // exempt up to ₹19,200/yr (old regime only)
    lta: 0,                    // LTA claimed (old regime only)
    phoneInternet: 12000,      // exempt up to ₹12,000/yr (both regimes)
    npsEmployer: 60000,        // 80CCD(2) — up to 10% of basic (both regimes)
  },
  oldRegimeDeductions: {
    section80C: 150000,        // up to ₹1,50,000
    healthInsurance80D: 25000, // up to ₹25,000 (₹50,000 for seniors)
  },
});

console.log(result.withoutBenefits.totalTax); // tax without Pluxee
console.log(result.withBenefits.totalTax);    // tax with Pluxee
console.log(result.annualSaving);             // annual saving
console.log(result.monthlySaving);            // monthly saving

Formatters

import { formatINR, formatPercent, parseINR } from "pluxee-tax-engine";

formatINR(1200000)        // "₹12,00,000"
formatINR(1200000, true)  // "₹12.00L" (compact)
formatPercent(5.96)       // "5.96%"
parseINR("₹12,00,000")   // 1200000

Tax rules covered

• Old Regime slabs: Under 60 / Senior (60–79) / Super Senior (80+) nil slabs
• New Regime slabs: FY 2024-25 default (₹75,000 standard deduction)
• Section 87A rebate: New regime ≤ ₹7L, Old regime ≤ ₹5L
• Surcharge: 10% / 15% / 25% / 37% above ₹50L / ₹1Cr / ₹2Cr / ₹5Cr
• Cess: 4% Health & Education cess on final tax
• Pluxee exemptions: regime-aware (meal/transport/LTA only in Old; NPS + phone in both)