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

Tax Rebate U/S 87a For Ay 2024-25. Income tax rebate under section 87a of income tax act 1961 provides a rebate from income tax up to rs. The rebate under section 87a was available on total income up to ₹7 lakh, including special rate incomes such as stcg and lottery winnings, reducing the net tax.

25,000 under the new tax regime. Total income old tax regime