The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...
As we enter 2025, taxpayers nationwide are bracing for significant tax reforms. You've probably heard about changes that will come at the federal level as a new administration enters the White ...
There is growing debate to increase the basic exemption limit in both old tax regime as well as new tax regime. Will Sitharaman give any good news to individual taxpayers to offset the ...
BENIN CITY – THE Benin Zone of the Academic Staff Union of Universities (ASUU) has said that if the tax reform bill presently in the National Assembly is passed as presented by the Executive arm ...
but the new approach, if implemented, would encourage states to contribute more to the national revenue pool. He pointed out that the main intent of VAT as a consumption tax is not to deprive any ...
Nigerian governors have expressed their support for the tax reform bills initiated by the federal government, proposing a new sharing formula for value-added tax, VAT. This is coming after meeting ...
Spanish Prime Minister Pedro Sanchez said the “unprecedented” new tax was needed to solve the country’s housing crisis. In recent years, rents have skyrocketed in Airbnb-dominated cities ...
The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table. Thomas is a native of upstate New York ...
The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table. Thomas Kika Writer Thomas is a native of ...
Also, the Budget should focus on simplification of Income Tax Return (ITR) forms ... the old tax regime which offers benefit of deductions and exemptions, or under the new tax regime which ...
A large swath of New Yorkers could benefit from a major tax cut aimed at middle-class workers, but is it too good to be true? Gov. Kathy Hochul pledged a middle-class tax cut that would deliver ...
But there was scepticism about whether the new General Secretary will be able to manage a much broader mandate. Many doubted the ability of a policeman to keep order in the ruling Party, run a ...