Now, rebate -- which is deducted against the tax component – under section 87A has been raised to ₹60,000. During the Budget speech, Ms Sitharaman said, “It is proposed to increase the ...

87a) approved May 13 ... Armistice Day had primarily been a day set aside to honor Veterans of World War I. However, following World War II and the Korean War, Veterans service organizations ...

Confusion over Section 87A of income tax rebate has once again come to the surface. After the order of the Bombay High Court, many taxpayers who filed revised ITR in January 2025 are now getting ...