Yes. The employees can change their tax regime even after the POI declaration process begins.
This is possible if the option Restrict POI Declaration for Non-Applicable Sections in New Tax Regime is enabled in the system. If an employee changes to the new tax regime, non-applicable POI entries will be automatically cleared. This reset keeps the POI records accurate and relevant to the chosen tax regime.
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Related Links:
Video- To watch the POI submission video, click here.
FAQs- To read more FAQs about the POI, click here.
Documentation- To learn more about POI, click here.
Product Update- To read about the product update, click here.
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