News & Media 9th Aug 2024
Midyear Tax Regime Switch: Salaried individuals who initially opted for the old income-tax (I-T) regime at the start of the 2024-25 financial year may now find themselves in a difficult position if they wish to switch to the new tax regime. During the Union Budget speech on July 23, Finance Minister Nirmala Sitharaman enhanced the appeal of the new regime to the taxpayers.
Against this backdrop, Rahul Charkha has been quoted in an article, “Can You Switch Tax Regime Midyear? Here’s What The Experts Say” written by Subhojit Sarkar published in ABP Live.
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