Tax Rebate U S 87a For Ay 2024 25. The rebate amount is rs. Claim tax rebate u/s 87a for fy 2024 25 (ay 2025 26), no tax rebate is being given if you have sold mutual fund or shares and earned short term capital gains.
The income tax rebate under section 87a offers tax relief to eligible resident indians. Resident individuals are also eligible for a rebate of up to 100% of income tax subject to a maximum limit depending on tax regimes as under: