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SALES TAX REBATE
Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomes- ITR filing for FY 2025-26: Key changes in due dates, ITR forms, and F&O disclosure rules taxpayers must know
- ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portal
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...24 May, 2026, 01.17 PM IST
- China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...12 May, 2026, 11.22 AM IST
- Pay full Bengaluru property tax by May 31, 2026 and get 5% rebate as due date gets extendedBengaluru property owners can now avail a 5% rebate on property tax by paying in full by May 31, 2026, as the deadline has been extended. A...02 May, 2026, 05.10 PM IST
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...28 Apr, 2026, 07.52 AM IST
- Bought DLF Camellias flat with Rs 9.82 crore discount, faced tax notice; ITAT gives reliefThe Income Tax Tribunal ruled that property purchase discounts are not taxable as income. A homebuyer received a Rs 9.82 crore discount on ...20 Mar, 2026, 08.10 AM IST
- Has Section 87A tax rebate making tax liability zero for up to Rs 12 lakh income hiked in Budget 2026?Most anticipated change in Budget 2026 was change in Section 87A tax rebate. Currently Section 87A tax rebate depends on the chosen tax reg...01 Feb, 2026, 01.20 PM IST
- Can I set off short-term or long-term capital gains against past capital losses on listed shares in the new tax regime?ET Wealth Reader's Query: Please let me know if short-term capital gains (STCG) or capital losses can be adjusted against long-term capital...29 Dec, 2025, 01.19 PM IST
- Tax Dept gives relief to income taxpayers regarding Section 87A tax rebate claimThe CBDT's circular 13/2025 addresses issues arising from taxpayers incorrectly claiming Section 87A tax rebates on special rate incomes li...25 Sep, 2025, 11.25 AM IST
- After STCG ruling, now LTCG also allowed to get Section 87A tax rebate, rules ITAT ChennaiOn August 20, 2025, Chennai ITAT allowed Section 87A tax rebate on long term capital gains (LTCG). This decision favors taxpayers with inco...27 Aug, 2025, 04.01 PM IST
- Budget 2025 does not give Section 87A tax rebate benefit on capital gains, lotteries incomeBudget 2025 has clarified that the Rs 60,000 tax rebate will no longer apply to income from capital gains or other sources taxed at special...02 Feb, 2025, 08.45 PM IST
- No income tax rebate u/s 87A despite total income below Rs 7 lakh in these casesTax rebate: No tax rebate is given if you have long term capital gains (LTCG). However, in some situations even if you filed your ITR caref...06 Sep, 2024, 01.27 PM IST
- No tax rebate u/s 87A allowed on short term capital gains from equities despite being eligible, what experts demand from govtIncome tax rebate u/s 87A: No tax rebate is being given if you have sold mutual fund or shares and earned short term capital gains. This is...21 Jul, 2024, 08.45 PM IST
- Have income above Rs 3 lakh? Pay zero tax if your income is up to this limit, thanks to rebate under section 87AIncome tax rebate: Under section 87A you can get a maximum tax rebate of Rs 12,500 under the old tax regime and up to Rs 25,000 under the n...20 Jun, 2024, 12.39 PM IST
- Section 87A income tax rebate is not available on these incomesSection 87A of the Income Tax Act, 1961 allows an income tax rebate of Rs 12,500 (for both old and new tax regime) for FY 2022-23 (AY 2023-...27 Jul, 2023, 05.06 PM IST
- Buy NTPC, target price Rs 148: Motilal OswalThe brokerage tweaked its FY21E PAT by 1 per cent and reiterated a buy rating on NTPC.12 Jun, 2020, 10.33 AM IST
- Fish subsidies rise 23%, but India feels it won't be an issueTamil Nadu, Gujarat and Karnataka doled out the highest sops for fisherfolk in 2017-18.05 Nov, 2018, 08.21 AM IST
- Tax rebate allowed on capital gains after property saleITAT of Chennai had held that interest on home loans will continue to remain out of the tax net even if the house is sold later.22 Nov, 2012, 06.53 AM IST
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