Choose old or new tax regime

Ask the Community HR
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1

Hi All,

Can employees switch from Old or New tax regime in new FY 21 irrespective of what they have opted for the previous FY? what are their options?

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2

Hi Ann,

"A salaried taxpayer can opt-in and opt-out every year. That means you can choose the new tax regime in one year and choose the regular tax regime in another year. A non-salaried taxpayer has to choose the new regime at the time of filing the tax return. "

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