Why pay more tax when marginal relief is there?

I heard about marginal relief but don't really understand what it is. Can you explain? - Anonymous The government gives a tax rebate under Section 87A of the Income Tax Act, which effectively means that if your taxable income is within a certain limit, you do not have to pay any tax. However, if your income goes even Rs 1 above this limit, you lose the rebate and suddenly

This article was originally published on March 18, 2025.