Rebate of income-tax: individuals under specified income thresholds receive tax deduction, including tailored relief under the new tax regime. Resident individual taxpayers with total income below a specified threshold are entitled to a deduction from computed income-tax equal to one hundred percent of such tax or a prescribed maximum amount, whichever is less. For taxpayers taxed under Section 115BAC, a first proviso allows a similar deduction up to a higher cap where income is within a higher threshold; if income exceeds that threshold the deduction is limited to the amount by which tax payable exceeds the excess income over the threshold, subject to an overall cap tied to tax computed under Section 115BAC(1A) rates.