Q.What is the amount of Relief U/s 87 A for FY 2016-17?

Ans.The rebate U/s 87 A shall be Rs.5000 for the financial year 2016-17.

To get further information about the section refer Relief U/s 87 A.

« Q. Fixed or floating rate of interest for home loans-Which is better ?

Harleen Kaur: Harleen Kaur is a Chartered Accountant (ICAI), qualified in 2009, and the founder of Fintrakk. With over 8 years managing finance and accounts and more than 10 years writing personal-finance and investing content for Indian readers, her work is known for being in-depth and well-researched, grounded in primary sources. Harleen also brings 2+ years of experience building technology products.