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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Tax Rebate for Women: Section 88C Offers Deductions Up to 5,000 for Eligible Women Under 65</h1> Section 88C of the Income-tax Act, introduced by the Finance Act, 2000, effective from April 1, 2001, provides a tax rebate for women residents in India under the age of sixty-five. Eligible women can claim a deduction from their income tax, calculated before other deductions under the Chapter, amounting to either 100% of the income tax or up to five thousand rupees, whichever is lesser, applicable for any assessment year.
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