In accordance with the proposed Finance Bill 2025, the rebate under Section 87A is now applicable up to a total income of Rs ...

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate ...

Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and ...

Following the Budget 2025, Section 87A of the Income Tax Act now offers marginal relief for taxpayers under the new tax ...

Without going into the sections, proviso and the clause 2, 20 and 24 of the Finance Bill 2025, some situations are rendered here for the applicability and availability of the Sec 87A rebate both under ...

Chartered accountants differ on a salaried taxpayer’s eligibility for the tax rebate if her total income—including special ...

Under the provisions of section 87A of the Act, an assessee, being an individual resident in India, having total income not exceeding Rs 5 lakh, is provided a rebate of 100 per cent of the amount of ...

Debt mutual funds bought after April 2023 fall under Section 50AA and are eligible for tax rebates, but units bought before ...

The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions ...

Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...