Rebate Under Section 87a For Ay 2024-25. Resident individuals with a net taxable income less than or equal to inr. 5 lakh can claim a tax rebate of rs.
Individuals having taxable income of up to rs 7 lakh are eligible for tax rebate under section 87a of up to rs 25,000, thereby making zero tax payable in the new tax. Tax rebate u s 87a for ay 2024 25.