1. You can select in new financial year 
 2. Yes I am doing point no 2

System Engineer

1. Yes, during regime choice/tax proof submission on your employer's payroll portal. You can choose to do it during filing also (July 2025) 
 2. Yes. Just make sure you have paperwork (agreement and proof of transfer).

Product Manager

1. Currently in new tax regime. Want to shift to old regime for 24-25. When will I get to choose? 
2. Can I reside and work in Bangalore and claim HRA on a

1. Currently in new tax regime. Want to shift to old regime for 24-25. When will I get to choose? 
2. Can I reside and work in Bangalore and claim HRA on a house in my home town?

Tax Query