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<h1>Rebate under section 87A: new regime increases rebate and raises the income threshold compared with the old regime.</h1> Rebate under section 87A differentiates the old and new individual tax regimes by income threshold and maximum rebate. The old regime grants a full rebate for resident individuals below a lower income threshold up to a capped amount; the new regime increases the qualifying income threshold and raises the maximum rebate, with the rebate limited to the taxpayer's actual income tax liability.