Hello Investors!! Most of you guessed it wrong! ❌ The correct answer is Tax Rebate✅ Many think it’s *Tax Exemption* because exemptions also reduce taxable income. But here’s the catch— *exemptions apply to specific income types (like PPF interest), while rebates reduce your final tax payable.* That’s why *Section 87A is a rebate, not an exemption!* To know more refer to this image!!