87A REBATE inFY 2024-25
MINI K U (2 Points)
31 August 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(2053 Points)
Replied 31 August 2024
In the new tax regime, as per the Union Budget 2024, the rebate remains unchanged from the Union Budget 2023. For FY 2024-25 (AY 2025-26), the rebate limit continues to apply for income up to ₹7,00,000.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)