Tax Rebate U/S 87a For Ay 2024-25

Tax Rebate U/S 87a For Ay 2024-25

Tax Rebate U/S 87a For Ay 2024-25. To make the new tax regime more attractive, the rebate under section 87a has been hiked to rs 25,000 for taxable income up to rs 7 lakh. 5,00,000 can claim a tax rebate u/s 87a.


Tax Rebate U/S 87a For Ay 2024-25

Section 87a of the income tax act specifies eligibility, guidelines, and rebates for qualified taxpayers. A tax rebate is offered to the resident individual taxpayer₹ having taxable income of up to ₹7 lakhs under the section 87a of the income tax act, 1961.

Tax Rebate U/S 87a For Ay 2024-25 Images References :