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President Tinubu say di new laws go unify Nigeria tax system and remove double taxation, but pipo still dey worry say taxes ...
Like every year, for AY 2025-26, taxpayers must choose between the new and old income tax regimes when filing ITR. The new ...
The Union Budget 2025–26 has introduced a notable increase in the basic income tax exemption limit and has redrawn the ...
Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on ...
If you’re a salaried employee with no business or professional income, you have the flexibility to choose the tax regime ...
The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.
Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income ...
The government has announced that the implementation of the new tax laws will commence on 1 January 2026, giving stakeholders ...
Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...
So, after they opt out of new tax regime, they will have only one chance to switch to new regime. And once they switch back to the new regime, they won’t be able to choose old tax regime anytime ...
Tax calculator can take the guessing out of completing your return, saving you time, reducing errors, and making your ...