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Rebate under new and old regime for fy 2024-2025

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(Querist)
27 July 2024 Will I get rebate in income tax return both under new and old regime? What is the exempted income both under new and old tax regime system? Pl clarify in details?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 July 2024 1. Basic limit 2.50 L in Old & 3 L in New regime.
2. with rebate 5 lakhs in Old & 7 lakhs in New.

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