Tax rebate under Section 87A was not given on special rate income like STCG since July 5, 2024. Many taxpayers who could ...

You will end up paying income tax despite income under Rs 12 lakh if it includes special rate incomes as 87A rebate will not help to make the tax liability zero. Budget 2025 has now specified that ...

Uncertainty over the Section 87A rebate on capital gains has led to tax notices for several taxpayers. Here’s what experts ...

Due to simplification of Income Tax Act, it has been produce as Income Tax Bill 2025. In the Bill, instead of section they change as clause, simplification of language and other changes are made. The ...

Tax rebate under Section 87A helps taxpayers lower their tax liability under both tax regimes – old and new. Before July 5, taxpayers were allowed to claim this rebate on even special-rate ...

From Donald Trump delaying Canada, Mexico tariffs for goods under USMC to the Section 87A rebate confusion with taxpayers with capital gains are receiving notices — Here are the top 11 news stories ...

The Government has further amended the new tax regime to reduce the taxes, especially keeping in focus the middle class. The article relates to reform introduced in personal income tax in Budget 2025.

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