Section 87A Rebate Controversy: Key Insights from Budget 2025
The Indian Union Budget 2025 brought significant tax amendments, particularly concerning Section 87A of the Income Tax Act. While the government raised the rebate limit from ₹7 lakh to ₹12 lakh under the New Tax Regime, it has also introduced specific exclusions, leading to confusion among taxpayers. In this blog, we decode the key changes […]
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