Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special rates. Taxpayers under the new regime can claim a maximum rebate of Rs 60,000 for an income of up to Rs 12 lakh, effective from FY26.
Related Posts
Andhra ragging horror: Class 10 girls thrash junior at school hostel
Three Class-X students from St Ann’s School assaulted a Class-VII pupil within their hostel in Paderu, ASR district, on January 5. The incident gained attention […]
Budget may offer financial support, credit to exporters, small businesses
The government is likely to introduce measures to enhance financial support for exporters and small businesses in the upcoming Budget. This includes options like collateral-free […]