Employees willing to continue under Old Tax Regime need to intimate their option every year
Central Board of Direct Taxes, Ministry of Finance has notified OM No. 370142/06/2023-TPL, dated 05 Apr, 2023, requiring every employee to intimate his/her option to continue under the old tax regime. If no option is received by the employer, the concrned employee will be shifted to New Tax Regime. Let’s know in detail. Vide Finance […]