New rebate available

Singh Kamboj (409 Points)

07 March 2024

as per new tax slab any rebate under section 87 A available.

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (128096 Points)
Replied 07 March 2024

You mean New Tax Regime... Right...??

If Yes, Yes Rebate available...
But, It's have Ceiling limit...

CA Danish Abbas (Proprietor ) (159 Points)
Replied 08 March 2024

Rebate u/s 87A under new regime is also available provided your income is upto 7lac.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 09 March 2024

Under new regime rebate of Rs 25000 available u/s 87A if your taxable income is below 7 lakhs.

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