Tax Relief Vs Tax Rebate: What Actually Puts More Money In Your Pocket
Last Updated:January 30, 2026, 7:22 PM IST Tax reliefs are deducted from your total annual income, while a tax rebate is applied after the tax is calculated. As Budget 2026 nears, here’s how tax relief and Section 87A rebate work. (Representative Image) Finance Minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget…