The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, ...

As per Vasudeva, in the old tax regime, premiums paid on health insurance policies qualify for deductions under Section 80D.

Taxpayers should consider a few key factors before making a choice. The old regime allows deductionswhereas the new regime ...

The Federal Government deducted N800bn from state allocations in 2024 to service foreign debts and other contractual ...

The government refunded 12.55 lakh faulty toll deductions in 2024, amounting to 0.03% of FASTag transactions. Over Rs 2 crore in penalties were imposed on toll agencies. NHAI plans AI-based monitoring ...

The results for the Kerala Lottery’s Nirmal NR-424 draw are announced today, March 21, 2025, at around 3 PM. However, the ...

NEITI has reported that FAAC disbursed a record N15.26 trillion in 2024, driven by fiscal reforms and subsidy removal.

The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to the three tiers of ...

The record-high FAAC disbursements were attributed to major fiscal reforms implemented by the federal government.

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Federation Accounts Allocation ...

EPF withdrawals are taxed differently depending on various factors, so understanding the rules can help you avoid unexpected taxes and manage your finances better.