Highlights: The budget's emphasis on consumption-oriented measures, coupled with a relatively modest increase in capital ...

Is the tax bonanza really as big a game-changer as some pundits are claiming it to be? GST cut would have impacted us right ...

Reacting to the Finance Minister’s move to exempt annual incomes up to Rs 12 lakh from income tax under the new regime, ...

In a huge relief to the middle class and taxpayers, FM today announced there will be no income tax payable on income up to ₹12 lakh under new tax regime ...

Hence, only half of the revenues foregone by the government by the revision will boost consumption. The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 ...

The League of Northern Democrats (LND), led by former Kano State Governor, Senator Ibrahim Shekarau, has rejected the proposed derivation formula in the ongoing tax reform discussions, warning that it ...

VAT is a consumption tax, benefiting where it is consumed, not where it is produced,” he explained. Mayungbe further clarified how the revised formula addresses regional disparities, noting that ...

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation.

When deciding if it's worth installing solar panels, you may want to know when they will start saving you money.

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...