How can an employee change the tax regime?

In India, employees can choose between the Old and New Tax Regimes. The choice depends on income, expenditure, and other factors. Employees may want to switch tax regimes due to changes in their financial situation.

Note: Employees can only switch tax regimes if this option is enabled in the company's backend system.

Steps to Switch Tax Regimes

1. Go to My Finances → My Pay → My Salary

2. Under the Income Tax Computation section, click on Click Here

3. In the new window, select the option to Switch to New Tax Regime or Switch to Old Tax Regime

4. Once selected, the switch is complete.