In this video, we dive into the recent update on the income tax portal concerning the rebate under Section 87A. Specifically, we discuss the implications for taxpayers with special rate income that is not chargeable under Section 115BAC (Normal Tax Rate). Stay informed about how this change might affect your tax calculations and planning.

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Video Timeline
0:00 Intro to Topic
0:36 Income Tax Calculation in New Regime
3:03 87A Rebate calculation in New Regime
5:45 Amendment in Sec 87A
10:47 Income Tax Calculation through online calculator
13:24 Notes on Sec 87A availability
15:36 Outro

Topics covered in video
Income Tax Calculation in New Regime
87A Rebate calculation in New Regime
Amendment in Sec 87A
Income Tax Calculation through online calculator
Notes on Sec 87A availability
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87A rebate not coming
Income Tax Calculation in New Regime
87A Rebate calculation in New Regime
Amendment in Sec 87A
Income Tax Calculation through online calculator
Notes on Sec 87A availability
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Rebate not available on special rate income