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The decision in the case of Miss Jayshreeben could impact individuals whose income falls below the ₹7 lakh threshold but ...
Those with taxable income of Rs 12.75 lakh or less can get a tax rebate of up to Rs 60,000, bringing their tax down to zero.
Those earning below Rs 7 lakh can claim Section 87A tax rebate for STCG income under new tax regime, rules ITAT Ahmedabad ...
Salaried taxpayers can get up to Rs 75,000 standard deduction on their salary under Section 87A of the Income Tax Act, 1961.
Income Tax Bill 2025 brings key changes offering relief to salaried individuals, aiming to reduce tax burden and boost ...
Any gains from capital assets will attract LTCG and STCG taxes at a special rate irrespective of a salaried taxpayer’s income ...
The government has amended the Income Tax Act, 1961, to reinstate the Rs 75,000 standard deduction for salaried individuals ...
Belated refunds, Nil TDS certificates, and key deductions are back on the table after Parliament’s tax Bill fix — here’s what ...
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Newspoint on MSNSection 87A Rebate: Taxpayers Face Glitch in New Regime, Say CAs; Special Income Creates Roadblock
Several chartered accountants (CAs) across India have raised concerns over the Section 87A income tax rebate not being ...
CAs highlight no income tax rebate under Section 87A despite income below Rs 7 Lakh under new tax regime in this situation ...
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Newspoint on MSNIncome Tax: Why You Might Not Get Tax Rebate Under Section 87A Even If Your Income Is Below ₹7 Lakh
The Section 87A rebate is meant to make life easier for people with lower incomes by reducing or eliminating their tax burden ...
A new version of the Income Tax Bill, 2025 was presented in India’s Parliament on August 11, 2025, just three days after the ...
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