The ITD has prescribed rules to opt-in/out of the new tax regime. You can refer to the below chart to learn more about the rules.
File Form 10IE on or before the due date to avail the benefits of the new regime.
To Opt-In / Opt-Out of the New Regime on Quicko
After adding your INCOMES, you can choose the regime by follow these steps:
- Navigate to Filing > REVIEW from the side nav
- Click on NEW vs OLD REGIME
- Choose a Regime
- To change the regime, click on the card "Congrats! you are under optimized regime"
- Add required details as per the regime chosen
- Date of filing of Form 10IE
- Acknowledgment Number
- Click on Save