What is default tax regime as per budget changes FY 2023-24?

Created by Product Content Team, Modified on Tue, 20 Feb at 10:49 AM by Product Content Team


A tax regime encompasses the framework and guidelines that determine how taxes are imposed, calculated, collected, and enforced. 


As per the budget changes FY 2023-24, by default, the new regime applies to employees who do not declare their income tax. 


 Click here to subscribe to our help videos  

Related Links:

Video- To watch a video on Budget changes for FY 2023-24, click here.

FAQs: To read more about Budget changes for FY 2023-24, click here.

Documentation:

  • To learn more about the recent Budget changes for FY 2023-24, click here.
  • To learn more about the Tax Slabs of budget changes, click here.

Product Update- To read about the product update, click here.


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article