Rebate In New Tax Regime 2024-25. Though those who have income less than rs 2.5l(old regime) or 3l(new regime) and want to claim an income tax refund can only claim the refund by filing an itr. Tax rebate u s 87a for ay 2024 25.

Budget 2024 widens income tax slabs under the new tax regime, increasing disposable income for taxpayers, benefiting salary. Overview of section 87a rebate: