Rebate U/S 87a Under New Tax Regime Fy 22-23. Do note that this marginal. Rebate under section 87a applicable:
Do note that this marginal. As per section 87a, if a resident individual’s total taxable income is up to rs.
Rebate Under Section 87A Applicable:
The rebate is not applicable.
In Budget 2023, The Tax Rebate For Individuals Has Been Increased To Inr 25,000 Which Means Individuals Having Taxable Income Up To Inr 7,00,000 Can Claim.
However, budget 2023 proposed a number of changes, and the aim is to make the new tax regime more beneficial.
Presently, Rebate Is Allowed U/S 87A Of Rs.
Images References :
Tax Rebate Up To Rs.12,500 Is Applicable For Resident Individuals If The Total Income Does Not Exceed Rs.
Do note that this marginal.
How Can I Calculate Rebate U/S 87A?.
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.
How Much Tax Rebate Is Available Under Section 87A?
