โNew Tax Regime Alert! ๐จ๐ฐ Section 87A Rebate Explained! ๐โ
๐ก Whatโs New in FY 2025-26?
โ
Rebate up to โน60,000 under the New Tax Regime
โ
Pay ZERO Tax on income up to โน12 lakh ๐
โ
Marginal Relief applies if you earn just above โน12 lakh ๐ก๏ธ
๐ฅ Who Can Claim?
โ๏ธ Only resident individuals
โ Not applicable for HUFs, companies, or firms
๐ฐ Rebate Amounts:
๐ฅ New Regime: Up to โน60,000 (โน12 lakh limit)
๐ฅ Old Regime: Up to โน12,500 (โน5 lakh limit)
๐จ Special Note: No rebate on income taxed at special rates.
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