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

Rebate U/S 87a For Ay 2024-25 Old Tax Regime. As per section 87a of the income tax act, 1961 which provides a rebate upto rupees 25,000 in case the income of an individual taxpayer is less than rupees 7 lakh under the new taxation. If your total tax payable is below these limits, you will not have.

Section 87a tax rebate in budget 2024: If your total income does not exceed rs.