What is the tax rebate for 2020 21?

Rebate limit under section 87A for all the Financial years

Financial Year Limit on Total Taxable Income Amount of rebate allowed u/s 87A
2020-21 Rs. 5,00,000 Rs. 12,500
2019-20 Rs. 5,00,000 Rs. 12,500
2018-19 Rs. 3,50,000 Rs. 2,500
2017-18 Rs. 3,50,000 Rs. 2,500

Aug 26, 2021

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