PARADEEP CIRCULAR
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Title
Option in EIS Module for opting Existing Old Tax Regime
Contents
Please find the message appended below, as received from H.O. This is for information to all users of Paradeep unit. Further, Sections Heads / HODs are requested to convey this to the employees working under them. Regards, ------------------------------- Dandadhar Nayak Jt. General Manager (F&A) IFFCO Paradeep Unit P.O- Paradeep, Dist-Jagatsinghpur,Odisha- 754142 Phone No- 06722-224027 ------------------------------------------xxxxxxxxxxxxxxxxxxxxxxxxxxx----------------------------------------- "" As per Finance Act 2023, CBDT has mandated that rates and accompanying conditions provided in sub-section (1A) of section 115BAC of the Act shall be applicable as “Default” for determining the tax liability of any individual. Also, CBDT has directed that employer being deductor shall seek information from each employee regarding their intended Tax Regime in the beginning of Financial Year i.e. in the month of April. Therefore, it is desired from all the employees who wants to opt for existing Old Tax Regime may please intimate to their respective Unit or Place of Posting by 20th April, 2023. A screen has been developed in EIS where you can opt for Old Tax Regime by logging in. The employees who don’t opt for any option by 20.04.2023 will automatically be considered in New Tax Regime and Tax Liability will be calculated accordingly. Also, no change of option will be permissible during the rest of Financial Year. Regards, ------------------------ Kanchan Arora Deputy General Manager (F&A) Tel No 011 40592950 ""
Attachment
File Name
OldTaxRegimeScreenEIS.png
