I-T issues rules for pros to switch between old, new tax regimes
The new tax regime has been made the default tax regime from the current financial year. Earlier, while salaried individuals had the option to switch back to the old tax regime, this option was not available to professionals and individuals with income from business, once they made a switch.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
