The Income Tax Department has introduced stricter rules for filing income tax returns (ITRs), targeting individuals and ...

President Bola Tinubu says the tax reform bills will deliver the first major, pro-people tax cuts in a generation.

A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document ...

CBDT has notified revised ITR forms for AY 2025-26, introducing a series of notable changes aimed at improving accuracy, transparency and granularity of income reporting across various taxpayer ...

Zacch Adedeji, has announced that the newly signed tax reform laws will officially take effect from January 1, 2026. Speaking ...

The new tax regime has been the default regime for past two years. Any action in the previous years with regards to choosing of regime will not be applicable this time.

PRESIDENT Bola Tinubu has signed the four tax reform bills into law, expressing that it is a new dawn for the country.

The article examines the new tax regime and the changes announced in the union budget 25-26 and its potential impact. The new regime is a declining tax rate regime. However, the relief to the ...