No Section 87A tax rebate on special rate incomes like short term capital gains, long term capital gains, and others, said ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

If you're a regular salaried individual or earn other kinds of 'normal income' up to Rs 12 lakh, you won't have to pay any ...

Union Finance Minister (FM) Nirmala Sitharaman, who presented her eighth consecutive Union Budget on February 1, streamlined ...

From zero tax on income of up to ₹12 lakh to cutting the income tax rates proposed in the new tax regime, Budget 2025 came as a much needed relief for the India’s middle class.

The Union Budget has made significant adjustments, including raising the cap of Rebates under Section 87A and drastically ...

Finance Minister Sitharaman announced a substantial tax benefit, ensuring that individuals earning up to Rs 12 lakh annually ...

The finance minister has announced an increase in the tax rebate under Section 87A. This means that resident individuals with a net taxable income of up to Rs 12 lakh will not have to pay any income t ...

Experts recommend clarifying that the rebate should apply to both normal and special income, with exceptions for certain ...

Experts across various sectors are optimistic that the Finance Minister will introduce major measures in the new tax regime to ease the burden on the middle class.