ABD Services

07/01/2026

# New year # ABD Services # new changes
# income tax # gst

07/01/2026

*Assessment Year (A.Y.) 2026-27 (Financial Year 2025-26)*

*Key Highlights & Benefits*

*Section 87A Rebate:* A maximum rebate of ₹60,000 is available. This means if your total taxable income is up to ₹12,00,000, your net tax liability becomes Zero.

*Standard Deduction:* For salaried individuals and pensioners, a standard deduction of ₹75,000 is available under the New Regime.

*Effective Tax-Free Income:* Due to the standard deduction, a salaried individual earning up to ₹12,75,000 pays Nil tax.

*Marginal Relief:* If your income slightly exceeds ₹12,00,000, marginal relief is provided so that the tax you pay does not exceed the amount by which your income exceeds the ₹12 Lakh threshold.

*Summary of Rebate Eligibility Note:*

The Section 87A rebate is only available to Resident Individuals. It does not apply to NRIs, HUFs, or Firms. The rebate is applied before adding the 4% Health and Education Cess.

05/01/2026

Goodbye "Assessment Year,"
Hello "Tax Year"!

The countdown to the biggest tax reform in 60 years has officially begun.

On 1st April 2026, the Income Tax Act, 1961 will be replaced by the Income Tax Act, 2025!

01/01/2026

26/04/2023

# income tax # Abd service's

16/07/2022

आईटीआर फाइल करने की आखिरी तारीख 31 जुलाई तेजी से नजदीक आ रही है। कई लोगों ने आयकर विभाग की वेबसाइट पर कुछ दिक्कतें आने की बात भी कही है। for more info. Call .. 7568398800