News

Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes annually. The new regime has undergone revisions, making it more appealing ...
The GST Council, which will meet shortly, is expected to comprehensively review the eight-year-old regime focused on reducing ...
Simplify your ITR-2 filing for AY 2025-26 with this step-by-step guide, covering capital gains, property sales, and navigating the e-filing ...
‘New tax regime will accelerate development’ The new tax laws recently assented to by President Bola Tinubu would accelerate economic development and drive inclusive growth.
According to her Nigeria’s tax-to-GDP ratio, currently at 7.9 percent, is among the lowest in sub-Saharan Africa, establishing a single taxpayer ID, risk-based audit protocols, time-bound refund ...
Scenario A: For properties held over a long period, indexation can significantly boost the purchase cost, thereby reducing ...
Instead, it imposes a new tax on wind and solar projects completed after Dec. 31, 2027 if they cannot prove they have not used any Chinese components, while offering a new tax break for coal ...
It could take time for the effects of the new tax law to reach the housing market, and mortgage rates.
An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy — and adds a new tax on future wind and solar projects. The initial draft released by Senate ...
How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.