Is it necessary for the employee to intimate the tax regime to the employer?

Is it necessary for the employee to intimate the tax regime to the employer? https://www.taxtmi.com/manuals?id=4550 An employee must intimate the employer about the intended tax regime during the year; if no intimation is given, the employer may treat the employee as in the default new tax regime and deduct tax accordingly. That employer-directed intimation does not constitute the formal exercise of the option to opt out of the new regime, which the employee must separately make when filing the income tax return by the statutory due date. en-us Fri, 05 Jul 2024 12:57:00 +0530 Fri, 05 Jul 2024 12:57:00 +0530 TaxTMI RSS Generator Is it necessary for the employee to intimate the tax regime to the employer? https://www.taxtmi.com/manuals?id=4550 An employee must intimate the employer about the intended tax regime during the year; if no intimation is given, the employer may treat the employee as in the default new tax regime and deduct tax accordingly. That employer-directed intimation does not constitute the formal exercise of the option to opt out of the new regime, which the employee must separately make when filing the income tax return by the statutory due date. Manuals Income Tax Fri, 05 Jul 2024 12:57:00 +0530 https://www.taxtmi.com/manuals?id=4550