<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Amendment of section 87A.</title>
    <link>https://www.taxtmi.com/acts?id=50476</link>
    <description>Section 87A is amended with effect from 1 April 2026 to revise the rebate framework. The income threshold in the proviso is increased, the rebate amount is enhanced, and the corresponding limit in clause (b) is substituted with the higher threshold. A further proviso is inserted to ensure that the deduction under the first proviso does not exceed the income-tax payable under the rates in section 115BAC(1A).</description>
    <language>en-us</language>
    <pubDate>Tue, 01 Apr 2025 12:59:17 +0530</pubDate>
    <lastBuildDate>Mon, 06 Apr 2026 18:10:57 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=810750" rel="self" type="application/rss+xml"/>
    <item>
      <title>Amendment of section 87A.</title>
      <link>https://www.taxtmi.com/acts?id=50476</link>
      <description>Section 87A is amended with effect from 1 April 2026 to revise the rebate framework. The income threshold in the proviso is increased, the rebate amount is enhanced, and the corresponding limit in clause (b) is substituted with the higher threshold. A further proviso is inserted to ensure that the deduction under the first proviso does not exceed the income-tax payable under the rates in section 115BAC(1A).</description>
      <category>Act-Rules</category>
      <law>F. Acts / Amendment Acts</law>
      <pubDate>Tue, 01 Apr 2025 12:59:17 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=50476</guid>
    </item>
  </channel>
</rss>