Freelancers and F&O Traders: The Tax Regime Switch You Can Only Make Once

Freelancers and F&O Traders: The Tax Regime Switch You Can Only Make Once

Think you can switch between new and old tax regimes anytime? Not if you trade F&O or freelance This rule, as laid out under the Income Tax Act and clarified for AY 2024–25 onward, does not apply to salaried taxpayers without business income, who are still free to choose between the two regimes each year … Read more