Those earning below Rs 7 lakh can claim Section 87A tax rebate for STCG income under new tax regime, rules ITAT Ahmedabad ...

Section 87A rebate allows an salaried individual to not pay any tax for income up to Rs 12.75 lakh but this rebate is not ...

Any gains from capital assets will attract LTCG and STCG taxes at a special rate irrespective of a salaried taxpayer’s income ...

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.

Several chartered accountants (CAs) across India have raised concerns over the Section 87A income tax rebate not being ...

The government has amended the Income Tax Act, 1961, to reinstate the Rs 75,000 standard deduction for salaried individuals ...

The Section 87A rebate is meant to make life easier for people with lower incomes by reducing or eliminating their tax burden ...

Salaried taxpayers can get up to Rs 75,000 standard deduction on their salary under Section 87A of the Income Tax Act, 1961.

A review of India's economy in mid-2025, covering GDP growth, inflation, RBI's rate cut, and key tax changes, including new ...

Belated refunds, Nil TDS certificates, and key deductions are back on the table after Parliament’s tax Bill fix — here’s what ...

Salaried individuals earning up to ₹12 lakh may find the new tax regime easier, but it isn’t always cost-effective. Experts ...