filmov
tv
Rebate Under 87a of Income Tax | Section 87a of Income Tax Act | 87a Rebate for AY 2024-25

Показать описание
Rebate Under 87a of Income Tax
A small correction - special tax in case of marginal relief should be 180000 (by mistake i have mention 108000) There is no change in conceptual understanding
In this video, we dive into a crucial update on the Income Tax Portal that affects how rebates under section 87A are calculated. Recently, the Income Tax Portal has modified the rebate calculations, specifically impacting taxpayers who have opted for the new tax regime. Under this update, the rebate is no longer available on tax levied at special rates, which marks a significant shift from previous rules.
We cover the following key points in detail:
Understanding Section 87A Rebate: A brief overview of what the section 87A rebate is and who is eligible for it.
Previous Calculation Method: Detailed explanation of how the rebate was calculated before this update, including examples and scenarios.
New Calculation Method: In-depth analysis of the updated calculation method, highlighting the specific changes introduced by the Income Tax Portal.
Impact on Taxpayers: Discussion on how these changes affect taxpayers, especially those opting for the new tax regime.
Comparison with Special Rate Income: Clarification on why the rebate is now excluded for special rate income under the new tax regime.
Practical Examples: Step-by-step comparison of tax calculations before and after the update to illustrate the differences.
Tips for Tax Planning: Advice on how to adjust your tax planning strategies in light of these changes to maximize benefits and compliance.
Section 87a of income tax act
rebate under 87a of income tax new regime
rebate u/s 87a for ay 2024-25
87a rebate for ay 2024-25
How to Claim Rebate under section 87a
how to calculate rebate u/s 87a with example
how to get rebate on income tax
tax rebate under section 87a
87a tax rebate
87a rebate in new tax regime
rebate under section 87a
rebate 87a of income tax
tax rebate explained
income tax rebate Rebate under Sec. 87A of Income Tax AY 2024-25 | Old Regime & New Regime
rebate u/s 87a New Update on Income Tax Portal: Rebate u/s 87A Calculation Changes Explained New Rebate 87A 2024, Change in Rebate 87A, 87A Senior Citizen, New Income Tax change 2024, Budget 24
New Rebate 87A of income tax in budget 2024, Tax पर नई छूट 2024 Personal income tax 2024
Rebate under 87a of Income Tax for 2023-24 with Budget 2023 Changes | Tax Rebate Under 87a
#budget2024
#personaltax
#zerotax
#rebate
#cocomelon
#gstseries
#incometax
#GST2024
#incometax2024
#accounting
#Tax
#New
#updates
#TaxReturns
#taxupdates
#trending
#youtube
#Law
#Rules
#Budget
#updates
#shares
#stock
#Savetax
#NewTaxrates
A small correction - special tax in case of marginal relief should be 180000 (by mistake i have mention 108000) There is no change in conceptual understanding
In this video, we dive into a crucial update on the Income Tax Portal that affects how rebates under section 87A are calculated. Recently, the Income Tax Portal has modified the rebate calculations, specifically impacting taxpayers who have opted for the new tax regime. Under this update, the rebate is no longer available on tax levied at special rates, which marks a significant shift from previous rules.
We cover the following key points in detail:
Understanding Section 87A Rebate: A brief overview of what the section 87A rebate is and who is eligible for it.
Previous Calculation Method: Detailed explanation of how the rebate was calculated before this update, including examples and scenarios.
New Calculation Method: In-depth analysis of the updated calculation method, highlighting the specific changes introduced by the Income Tax Portal.
Impact on Taxpayers: Discussion on how these changes affect taxpayers, especially those opting for the new tax regime.
Comparison with Special Rate Income: Clarification on why the rebate is now excluded for special rate income under the new tax regime.
Practical Examples: Step-by-step comparison of tax calculations before and after the update to illustrate the differences.
Tips for Tax Planning: Advice on how to adjust your tax planning strategies in light of these changes to maximize benefits and compliance.
Section 87a of income tax act
rebate under 87a of income tax new regime
rebate u/s 87a for ay 2024-25
87a rebate for ay 2024-25
How to Claim Rebate under section 87a
how to calculate rebate u/s 87a with example
how to get rebate on income tax
tax rebate under section 87a
87a tax rebate
87a rebate in new tax regime
rebate under section 87a
rebate 87a of income tax
tax rebate explained
income tax rebate Rebate under Sec. 87A of Income Tax AY 2024-25 | Old Regime & New Regime
rebate u/s 87a New Update on Income Tax Portal: Rebate u/s 87A Calculation Changes Explained New Rebate 87A 2024, Change in Rebate 87A, 87A Senior Citizen, New Income Tax change 2024, Budget 24
New Rebate 87A of income tax in budget 2024, Tax पर नई छूट 2024 Personal income tax 2024
Rebate under 87a of Income Tax for 2023-24 with Budget 2023 Changes | Tax Rebate Under 87a
#budget2024
#personaltax
#zerotax
#rebate
#cocomelon
#gstseries
#incometax
#GST2024
#incometax2024
#accounting
#Tax
#New
#updates
#TaxReturns
#taxupdates
#trending
#youtube
#Law
#Rules
#Budget
#updates
#shares
#stock
#Savetax
#NewTaxrates
Комментарии