Sec 87a Rebate For Ay 2024-25

Sec 87a Rebate For Ay 2024-25. No tax rebate is being given if you have sold mutual fund or shares and earned short term capital gains. If your net taxable income does not exceed rs 5 lakh, you are eligible for the tax rebate.

Tax rebate u/s 87a for ay 202425 & fy 202324, to make the new tax regime more attractive, the rebate under section 87a has been hiked to rs 25,000 for taxable income. Here is an example to.