Wednesday, June 26, 2024

New tax regime to old tax regime: How to choose old income tax regime when filing ITR for FY2023-24

New tax regime to old tax regime: Starting from April 1, 2023, if a taxpayer has not opted for the old tax system, their employer will deduct tax from their salary according to the new tax system. This change is because the new tax system will be the automatic choice for the fiscal year 2023-24.

from Tax-Wealth-Economic Times https://ift.tt/HZDoTzU

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