New Tax Regime U/S 115BAC
Non-Resident Individual can opt for the existing tax regime or the new tax regime with lower rate of taxation (u/s 115BAC of the Income Tax Act).
The taxpayer opting for concessional rates in the new tax regime will not be allowed certain exemptions and deductions (like 80C, 80D, 80TTB, HRA) available in the existing tax regime.