Regarding tax regime for Salaried and Intraday/F&O trader

Income Tax
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I am a salaried individual and while filing ITR I found that Intra-day trading and F&O trading is considered as business income. I am selecting New Regime and I have a few questions:

  1. It seems the regime cannot be changed for individuals having business income(ref). Does this apply to me as well? What if I stop doing intraday/F&O trading, can I change the regime then in future?
  2. What will be the “Nature of business or profession” in Form 10-IE for me?
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2 posts were merged into an existing topic: AMA : Old Tax Regime v/s New Tax Regime