For the best experience use Mini app app on your smartphone
What is the difference between rebate and marginal relief?
short by Daisy Mowke / on 01 Feb 2025,Saturday
Government has clarified the difference between rebate and marginal relief in a list of frequently asked questions. Rebate is deduction from tax which is available to tax payers having income up to ₹12 lakh in new regime. Marginal relief ensures taxpayers having income marginally higher than ₹12 lakh don't pay tax more than the income in excess of ₹12 lakh.
short by Daisy Mowke / 04:09 pm on 01 Feb
For the best experience use inshorts app on your smartphone