How much education ſess is payable on the income tax of rupees 12,500​

How much education ſess is payable on the income tax of rupees 12,500​

About the author
Athena

2 thoughts on “<br />How much education ſess is payable on the income tax of rupees 12,500​”

  1. Answer:

    The threshold limit us/ 87A is Rs 12,500 for FY 2020-21 / AY 2021-22. This means that if the total tax payable is lower than Rs 12,500, then that amount will be the rebate under section 87A. This rebate is applied to the total tax before adding the Education Cess

    Reply

Leave a Comment