Nigeria is heading towards a new tax regime as the Senate yesterday passed two of the four tax reform bills proposed by President Bola Ahmed Tinubu, marking a significant milestone in the ...

When filing their ITR, salaried individuals, professionals, and pensioners will need to decide between the New Tax Regime and the Old Tax Regime. If opting for the default New Tax Regime ...

He emphasized that businesses already face multiple hurdles, including rising costs and an unpredictable economic environment, and the new tax regime could add additional layers of burden on ...

KARACHI: Vice Chairman of Pakistan Soap Manufacturers Association (PSMA), Tariq Zakaria held an important extra general body meeting in a local hotel and expressed concern over the new Tax Laws ...

Under the new rules, taxis priced less than ₹10 lakh now attract a lifetime tax of 5% of the vehicle’s cost, payable in full at the time of registration. Until now, commercial taxis in this ...

has said the passage of President Bola Ahmed Tinubu’s tax reform bills if fully implemented, the new laws could transform Nigeria’s tax landscape, improve revenue generation, and lay the ...

President Donald Trump is giving Congress conflicting messages on whether he wants a tax hike on high-income earners to help pay for his legislative agenda. “What you do is you’re giving up ...

introduced companion bills for a Universal Savings Account (USA) Act. The legislation proposes creating a new type of tax-advantaged account that would allow all Americans to put money in savings ...

Bahrain - Parliament yesterday unanimously approved a new tax on multinational enterprises (MNEs). MPs held a retrospective vote on a royal decree issued by His Majesty King Hamad on the Domestic ...

Likewise, the government is also proposing a radical, new 15 per cent tax on unrealised gains. That would see assets like a farm taxed on their notional value even before they are sold ...