Section 87A Rebate Limit Increased to Rs. 5000, Changes in Section 87A by Finance bill 2016,Hi Friends in union budget 2016 Section 87A Rebate Limit Raised to Rs. 5000. Rebate under Sec 87A: With the objective of providing relief to resident individuals in the lower income slab i.e. total income not exceeding Rs. 5,00,000, section 87A is proposed to be amended so as to increase the maximum amount of rebate available from existing limit of Rs.2,000 to Rs.5,000. Earlier this limit is only available for Rs 2000 now this limit is increased by Rs 3000 and now Total limit for Section 87A for AY 2017-18 is Rs 5000. Check more details regarding “Section 87A Rebate Limit Increased to Rs. 5000 – Budget 2016” from below…..
Showing posts with label Section 87A Rebate Limit Increased to Rs. 5000 – Budget 2016. Show all posts
Showing posts with label Section 87A Rebate Limit Increased to Rs. 5000 – Budget 2016. Show all posts
Friday, 20 May 2016
Monday, 7 March 2016
Section 87A Rebate Limit Increased to Rs. 5000, Changes in Section
87A by Finance bill 2016,Hi Friends in union budget 2016 Section 87A
Rebate Limit Raised to Rs. 5000. Rebate under Sec 87A: With the objective
of providing relief to resident individuals in the lower income slab i.e. total
income not exceeding Rs. 5,00,000, section 87A is proposed to be amended so as
to increase the maximum amount of rebate available from existing limit of
Rs.2,000 to Rs.5,000. Earlier this limit is only available for Rs 2000
now this limit is increased by Rs 3000 and now Total limit for Section 87A for
AY 2017-18 is Rs 5000. Check more details regarding “Section 87A Rebate
Limit Increased to Rs. 5000 – Budget 2016” from below…..
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