EaseValueChapter IX of the Income-tax Act, 2025 provides rebates and reliefs that reduce the tax you actually pay. This includes the rebate for small incomes (the successor to Section 87A, which can make tax nil up to a threshold), and relief for salary arrears received in a lump sum, so you are not pushed into a higher bracket unfairly.
Frequently asked questions
What is the tax rebate for small incomes?
A rebate (successor to Section 87A) that reduces or eliminates tax where total income is below a specified threshold. The exact limit differs by regime.
Disclaimer: Educational overview of the Income-tax Act, 2025 (effective 1 April 2026), not professional advice. Confirm your position with our team before acting.
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