Major Changes under Income Tax in Budget 2023

kowsalya , Last updated: 11 February 2023  
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1. Increase in Rebate under Section 87A A Resident Individual is entitled to a Rebate of 100% of the amount of tax payable under the provisions of Section 87 A of the Act for the total income up to Rs. 7 Lakhs ( earlier it was Rs. 5L) (However such increased limit of rebate will be applicable

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kowsalya
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Category Union Budget   Report

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