REBATE U/S 156 MARGINAL RELIEF UNDER NEW REGIME CALCULATOR Status Tax Year Tax Regime Does the Assessee have Special Rate Income? (e.g. LTCG u/s 197 / 198 or STCG u/s 196 - Rebate u/s 156 is NOT available on such income) No Yes Taxable Income at Normal Slab Rates (Rs.) (Enter amount and note that no rebate / marginal relief is available for normal income exceeding Rs.12,00,000/-) Tax on Special Rate Income Amount (Rs.) (For LTCG u/s 198 on equity, calculate tax after deducting exemption of Rs.1,25,000/-)    BACK