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Finance Minister Nirmala Sitharaman in her this year’s Budget speech said that the new tax regime will be treated as the default tax regime if the employer doesn’t register his or her choice with the employee.

Nirmala sitharamanInvestment in national pension schemeHealth insurance premiumsEmployee provident fundPublic provident fundCompany leased carNew tax regimeCentral boardDirect taxesMinister nirmala sitharamanIncome taxGold taxTax regimeOld tax regimeSimplified taxRent allowance