#salary lets revise the rebate provisions for new tax regime! #cainter #cmainter #incometax #cafinal

Think you pay ZERO tax up to ₹12 Lakhs? Think again! While the New Tax Regime offers a generous rebate under Sec 87A, it comes with a massive "Special Rate" catch. ✅ The New Regime Reality: If your income includes STCG (111A) or LTCG (112A), the 87A rebate cannot be used to offset the tax on these special incomes. You might end up paying tax even if your total income is below ₹12 Lakhs! 🚫 The Old Regime Position: Don't get confused! In the Old Regime, the rebate limit remains at ₹5 Lakhs (Max Rebate ₹12,500). If your taxable income crosses ₹5,000,05—you lose the rebate entirely. Know your provisos before you file! 📝 #IncomeTax #Section87A #TaxPlanning #CAFinal #DirectTax #FinanceAct2025