Rebate Under Section 87a For New Tax Regime. But you can claim these only if you earn less than rs 7 lakh (under new tax system). Individuals with taxable income of less than rs 7 lakh.
12,500 for individuals with taxable income up to rs. Tax rebate under section 87a is available for both old and new tax regimes for financial year 2021.
But You Can Claim These Only If You Earn Less Than Rs 7 Lakh (Under New Tax System).
Rebate under section 87a has been hiked to rs 25,000 for taxable income up to rs 7 lakh.
The Number Of Slabs In New Tax.
In case your total income is below โน5 lakhs, the maximum rebate under section.
The Maximum Tax Rebate Under Section 87A For A Financial Year Is 100% Up To Rs.
Images References :
The Rebate Amount Under Section 87A Allows A Tax Rebate Of Up To Rs.
Claim a tax rebate under section 87a if your total income does not exceed rs 5 lakh.
The Maximum Tax Rebate Under Section 87A For A Financial Year Is 100% Up To Rs.
Eligibility criteria for claiming tax rebate under section 87a.
The Section 87A Rebate Has Been Increased Under The New Tax Regime For Taxable Incomes Up To Rs 7 Lakh.
