Rebate under 87a of Tax for 202324 with Budget 2023 Changes Tax Rebate Under 87a YouTube

Rebate Under Sec 87a For Ay 2025 24. Tax Sec 87A Amendment Rebate YouTube For FY 2024-25 and AY 2025-26, the higher threshold under the new tax regime makes it especially attractive for those with taxable incomes up to ₹7,00,000. The due date to file an original ITR for FY 2023-24 (AY 2024-25) was July 31, 2025

The rebate under Section 87A varies depending on the tax regime you choose - old or new FY 2023-24: AY 2024-25: 5,00,000 (OTR) 7,00,000 (NTR) 12,500 (OTR) 25,000 (NTR) OTR & NTR: FY 2024-25:

Rebate Under 87a of Tax Section 87a of Tax Act 87a Rebate for AY 202425 YouTube

Section 87A serves as a crucial relief measure for individual taxpayers in India, significantly reducing their tax burden Rebate u/s 87A for FY 2024-25 (AY 2025-26) The rebate under Section 87A is available to individual taxpayers whose income does not exceed the specified threshold. 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 the Old tax regime and the New Tax regime

New Tax Slab 202324. Claim Income Tax Rebate u/s 87A for FY 2024 - 25 (AY 2025 - 26) With Automatic Income Tax Calculator All in One for the Non-Govt Employees FY 24-25 Conclusion: Rebate under section 87A for AY 2025-26

Rebate 87a For Ay 202425 Drusi Kelsey. For FY 2024-25 and AY 2025-26, the higher threshold under the new tax regime makes it especially attractive for those with taxable incomes up to ₹7,00,000. The limit of total income for rebate will be enhanced from Rs