How To Save Tax Under New Regime In India

Why Ignoring the New Section 87A Could Cost You

Among the most overlooked aspects of the new tax regime is Section 87A, which offers an unexpected boon to taxpayers, especially those earning less than INR 5 lakh. Under this section, you can avail of a rebate that decreases the overall tax burden substantially—something that many taxpayers may still not be aware of.

This rebate effectively provides a full exemption, allowing eligible individuals to reduce their taxes to nil. It’s a game-changer in an era where every penny counts, leading to savings opportunities previously unavailable. Yet, the concern lies in how easily people overlook it, potentially forfeiting significant savings.

One might expect such a sizable advantage to come with many strings attached or complex qualifications. However, this harm-free benefit is surprisingly simple to claim under the new regime, demonstrating that sometimes minimalism can indeed lead to maximized results. Still, there’s more to uncover…

For many, Section 87A serves as a compelling reason to reconsider embracing the new regime fully. Interestingly, it could become a vital tool in strategic financial planning, especially for younger earners eager to capitalize on hidden advantages in the financial landscape. What you discover here could change how you manage your finances forever…