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Tax Rebate U S 87a For Ay 2024 25

Tax Rebate U S 87a For Ay 2024 25. The finance minister nirmala sitharaman has not made any changes in tax rebate amount available under section. 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.


Tax Rebate U S 87a For Ay 2024 25

Income tax rebate u/s 87a: 12,500, effectively reducing their income tax liability.

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