If you are thinking about e-filing your Income Tax Regime (ITR) for the assessment year 2025-26, the choice of the income tax ...

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 under Section 115BAC of the Income Tax Act offers lower tax rates in exchange for giving up most ...

Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...

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

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

The public authorities have hardly any income of their own and are reduced to extracting from the pockets of their citizens monies which the ...

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.