Rebate U/S 87a Under Old Regime
Rebate U/S 87a Under Old Regime. Section 87a of the income tax act was introduced in 2013 to provide relief to taxpayers. Budget 2025 announced that individuals will not have to pay any tax if the taxable income does not exceed rs 7 lakh in a financial year. Get to your total income after the reduction in tax. 25,000 (taxable income within rs.
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