Rebate under section 87A

Total Income from various Sources less deductions under Chapter VIA which should be less than or equal to Rs. 3,50,000/- Rebate under section 87A is applied on total tax before adding Education Cess and Secondary Higher Education Cess / Health and Education Cess as applicable.
F.Y. 2017 – 2018 (A.Y. 2018 – 2019) 
Total IncomeTax payable before cessRebate u/s 87ATax Payable + 3% Cess
2,75,000 1250 12500
3,00,0002,5002,5000
 3,50,0005,000 2,500 2,500+75
F.Y. 2018 – 2019 (A.Y. 2019 – 2020)
Total IncomeTax payable before cessRebate u/s 87ATax Payable + 4% Cess
2,75,000 1250 12500
3,00,0002,5002,5000
 3,50,0005,000 2,500 2,500+100
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Jack Elixir

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