Budget 2013: Are you eligible for Rs 2000 Tax Rebate under Sec 87A?

Union Budget 2013

The highlight of budget 2013 for common man was the Tax Rebate of Rs 2,000 for people with income of less than Rs 5 lakhs. This has been made possible by inserting a new section 87A in the Income Tax Act of 1961. I posted the Income Tax calculator for FY 2013-14 and received a …

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