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About sec 87a in budget 2014-15

This query is : Resolved 

11 July 2014 Budget 2014-15 increase Minimum taxable income to Rs. 2.5 lac. Now treatement of Sec 87A for calculating income tax is still exist or it is abollish..?

11 July 2014 stil there is no clarification on the same and its assumed that it is applicable and yet not abolished.

12 August 2014 yes, rebate of 87A is continued


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