The Union Budget 2025–26 has introduced a notable increase in the basic income tax exemption limit and has redrawn the ...

The new tax regime applicable for the Financial Year 2025-26 allows a tax-free income of Rs 12,75,000 for salaried-class ...

Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on ...

The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...

Nigeria’s tax revolution has begun. Whether it becomes a national success or another lost opportunity depends on what happens ...

The government has announced that the implementation of the new tax laws will commence on 1 January 2026, giving stakeholders ...

NIGERIA stands at the threshold of a new fiscal era, as the four landmark tax reform bills signed into law by President Bola ...

The presidency said the new tax laws will significantly transform tax administration in the country, leading to increased revenue generation.

A question that most salaried taxpayers face is if they can claim both House Rent Allowance (HRA) and home loan interest ...

Zacch Adedeji, chairman of the FIRS, says Nigeria will implement sweeping tax reforms starting January 1, 2026, under a ...

Nigel Farage is hoping an Italian-style flat tax regime will lure wealthy foreigners to Britain’s shores. The leader of the ...