Hi,
Need help, Pl advise , with respect to new budget changes for the AY 21-22, as you aware there is two different tax regime, further I need clarity on employer responsibility on withholding taxes of the employees during payroll process . further should we need to deduct withholding with only old tax regime by not providing option to employees during their IT declaration, or should we need to provide option to employees to select old or new.
my query raised by referring sec 192 and 115BAC.
please sugguest.
regards
Nagendra
CAclubindia
