Tax Rebate 2024 When Will It Be Paid In India. (1) the enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections. Resident individual taxpayers whose total income does not exceed inr 500,000, will continue to be eligible for a tax rebate of rs 12,500 or actual tax payable,.
This rebate is also available on the. This essentially means that you won’t have to pay any tax if your income is.