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Learn how to report tax regime changes in ITR-3 for AY 2025–26 using Form 10-IEA. Includes rules, filing steps, and common ...
The new tax regime, introduced to simplify taxation with lower rates, comes with a trade-off: fewer deductions. However, for ...
While the new regime has fewer levers, there are still legitimate strategies available to reduce tax liability. When Budget ...
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Old vs New Tax Regime: Can you switch every year?
ITR filing FY 2024-25 (AY 2025-26): Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income. The new regime is now the default, requiring ...
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New tax regime’s implementation to commence January 2026 — FG - MSN
Adedeji announced that the implementation of the new tax laws will commence on 1 January 2026, giving stakeholders a six-month transition period to prepare.
The new tax laws recently assented to by President Bola Tinubu would accelerate economic development and drive inclusive growth. A think-tank, Independent Media and Policy Initiative (IMPI ...
On June 5, 2025, the UK Government announced the result of their recent consultation process regarding their plans to bring carried interest within the income tax regime from April 2026, subject ...
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