Section 87a Of Income Tax Act Ay 2025-25. Section 87a of the income tax act of 1961 provides a rebate on income tax to resident individual taxpayers. Under the new tax regime announced in union budget 2025, if a taxpayer’s annual earnings are not more than inr seven lakh, they can claim back some of their taxes as.
As per section 87a of the income tax act, 1961 which provides a rebate upto rupees 25,000 in case the income of an individual taxpayer is less than rupees 7 lakh. When the income exceeds the threshold limit, the tax will become zero.
Section 87a Of Income Tax Act Ay 2025-25 Images References :
More Stories
National Nurses Week 2025
Trending Nail Art Design 2025
Travel Warnings For Belize In March 2025