Under the new tax regime, Section 87A of the Income Tax Act, 1961 provides a tax rebate of up to Rs 60,000. Because of this rebate, individuals earning up to Rs 12 lakh in a financial year may not ...
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Budget 2026 wishlist: Why Section 80D tax deduction for health insurance premium should be allowed in new tax regime
The new tax regime is looking pretty good now since there is no tax on income up to Rs 12 lakh, and Rs 12.75 lakh for salaried folks thanks to the enhanced Section 87A tax rebate. So, it seems like ...
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