16 May

New vs old tax regime: How to choose income tax regime for TDS on salary for FY 2023-24 - The Economic Times

In the month of April, a salaried employee is required to communicate about the preferred tax regime option to their employers. As Budget 2023, has announced many changes under the income tax laws. This makes it important for salaried employees to analyse both the income tax regime and then communicate the same to the employer.