14/06/2026
Investment Calculator for Tax Rebate
Existing
Required Investment= (Total Income- Exempted income- Income subject to reduced rate & Income subject to Minimum Tax,Receipt from Partnership Firm)*20%
Proposed
Required Investment= (Total Income- Exempted income- Income subject to reduced rate & Income subject to Minimum Tax,Receipt from Partnership Firm)*30%
In budget no clarification whether proposed applicable for IY 2025-2026 corresponding AY 2026-2027.
So we have to wait to complete the Finance Act publication.
If applicable 10% more additional investment is to be managed within the shortest time to get full rebate which will be more difficult for us.