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.

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

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

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.

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 ...

The income tax department has extended the last date for filing income tax returns for FY 2024-25 till September 15, 2025. Here are the slab rates applicable to the ongoing ITR.