87a Rebate For Ay 2025 26 New Tax Regime. This means a resident individual with taxable income up to rs. Under section 87a of the income tax act, 1961, a tax rebate is offered to resident individual taxpayers with taxable income up to ₹7 lakh.

However, a significant revision to the income tax slab structure has been. This means a resident individual with taxable income up to rs.