Income Tax rebate and deductions available under New and Old tax regimes
Updated on 01.02.2025 The taxpayers who opt for a New regime are still eligible to claim certain tax exemptions. Here are the details of incomes that are as well exempted from income tax in the event you opt for the new tax regime. Relief under Section 87A: For the Financial Year 2025-26 (AY 2026-27), an…