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What income is tax free?

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protax

Lvl 2
4y ago
Updated: 7/5/2021

Applicable for all individual tax payers:

Rebate of up to Rs 12,500 is available under section 87A under both tax regimes. Thus, no income tax is payable for total taxable income up to Rs 5 lakh in both regimes.

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protax

Lvl 2
4y ago

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