Recent tax policy reforms, including the restructuring of personal income tax and the rationalisation of the Goods and ...

ICAI also seeks higher surcharge threshold and deductions for medical insurance premiums and maintenance of dependent persons ...

Corporate tax rationalisation, faceless assessment, and technology-led compliance have expanded the tax base and reduced ...

With the new Income Tax Act, 2025 set to take effect from April, Budget 2026 is expected to avoid major legislative changes.

A national tax reform taskforce has recommended introducing a 1 percent levy on gifts and bequests as part of efforts to ...

A national task force on tax reforms has recommended that the government introduce a single rate of value-added tax (VAT), doing away with multiple rates of the indirect tax paid by final consumers.

Tax and financial experts have raised concerns over the Lagos Internal Revenue Service’s (LIRS) move to recover unpaid taxes ...

Under this reform agenda, he said, direct taxes are projected to rise from the current 2.5 percent of GDP to 9-10 percent by ...

Chief Economic Adviser V Anantha Nageswaran highlighted structural reforms in land, education, energy taxation, and agriculture as crucial for India's medium-term growth. He noted that recent reforms ...

LIRS has invoked the Power of Substitution to boost tax enforcement and recovery from defaulting taxpayers, going forward.

Survey says cumulative impact of reforms, strong macro stability and higher investment have lifted potential growth from 6.5 ...

Lagos State Internal Revenue Service (LIRS) said it had activated the provisions of Section 60 of the Nigeria Tax ...