Section 87A Eligibility: The tax rebate under section 87A is merely available to resident individuals with net taxable income below certain threshold which keeps on changing year on year Budgets. we might list the bounds as was proposed for every year. Also HUFs or NRIs aren’t eligible for this tax rebate. Budget 2019 changed the limit for 87A eligibility. Taxpayers with net taxable income of but Rs 5 lakhs can claim tax rebate of up to Rs 12,500 under this section. The government has not changed the tax slab but…