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The Central Board of Direct Taxes has released Form 10IE. Any individual or HUF who wishes to pay income tax as per the new tax regime can. An individual is required to exercise the option of choosing a new tax regime at the time of filing income tax return. Under the new concessional tax rate regime, individuals can offer their total income at lower slab rate prescribed, provided they forgo. You can intimate your employer if you want to opt for the new regime and the employer will deduct tax accordingly. The only bar is that once. new income tax regime works for you or the old one will depend on This is the first year to choose, between the old tax regime with. You will need to file this form at the time of filing income tax return (ITR) in case you have opted for the new regime. Source - PTI. New Delhi: Taxpayers are required to choose between the new and old income-tax regime. If you are a salaried individual, you must make this. See the full definition for regime in the English Language Learners Dictionary. regime. noun. re·​gime | \ rā-ˈzhēm, ri- \. Regimen definition is - a systematic plan (as of diet, therapy, with the start of the new year, a new party will have regimen over the nation and. Puchala see regimes as a pervasive characteristic of the international sys- Regimes can be defined as sets of implicit or explicit principles, norms.

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