Day 1 || Union Budget 2026 Expectations 🚨| Section 87A Explained
Автор: Tax Connect Advisory Services LLP
Загружено: 2026-01-22
Просмотров: 1403
Описание:
Income below ₹12 lakh but still paying tax?
Here’s why 👇
Under Section 87A, income taxed at special rates—like short-term or long-term capital gains—is excluded from the rebate. So even if your total income is under ₹12 lakh, tax may still apply.
This rider is expected to be relaxed in Union Budget 2026.
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