financial income of 2019 -2020
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A rebate of Rs 12,500 will be available for all taxpayers with taxable income up to Rs 5 lakh. This rebate will be available under Section 87A of the Income Tax Act from FY 2019-20 onwards. Also, standard deduction for financial year 2019-20 would be Rs 50,000.
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Answer: ok so, what should we do with this.
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