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Amendment of section 87A.

Clause 38 - Bills - DIRECT TAXES - Income-tax - FINANCE BILL, 2017 - Clause 38 - 38. In section 87A of the Income-tax Act, with effect from the 1st day of April, 2018,- (a) for the words five hundred thousand rupees , the words three hundred fifty th .....

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tion 87A of the Income-tax Act relating to rebate of income-tax in case of certain individuals. The existing provisions contained in the said section provide that an assessee, being an individual resident in India, whose total income does not exceed .....

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