What is the exact provision of section 87A of the Income Tax Act?
Latest update: 01.02.2023 In the Union Budget 2023, Finance Minister Nirmala Sitharaman announced that the rebate under Section 87A will be hiked from Rs 7 Lakh to Rs12 Lakh for taxpayers under the new tax regime. As per the present proposed Finance Bill 2025, this rebate under Section 87A for the financial year 2025-26 is…









