New Tax Regime Default for AY 2024-25: How to Opt for Old Regime

Last updated: 22 June 2024 Follow on Google News

For AY 2024-25,NEW TAX REGIMEis the default regime for Individual, HUF, AOP (other than co-operative society), BOI and Artificial Juridical Person. If you want to opt for OLD TAX REGIME and you are (i)Eligible to filereturn of income in ITR 1 2 , then select relevant optiondirectly in ITR

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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