Can you change tax regime during financial year 2023-24? CBDT issues circular on TDS on salaries

The income tax department has issued a circular on April 5, 2023, clarifying how employers can deduct taxes on the salary payments made to an employee. Budget 2023 has made the new tax regime as default tax regime for the financial year 2023-24. An individual wanting to opt for old tax regime will specifically required to opt for the same.