Can you change tax regime while filing income tax return?

Many salaried employees will soon receive their Form 16 from their employer. Once they receive it, they will start collecting other documents to file their income tax return (ITR). However, what if they change their mind now and want to opt for a different tax regime than what was communicated to the employer last year? For instance, suppose you informed your employer to opt for the old tax regime and submitted the required proof for the same for FY 2024-25. However, after checking the actual incomes, you now realise that you can pay lower tax in the new tax regime.

Can you change the tax regime while filing ITR this year?

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