While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment ...

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Ms Yuqing made this known at the 2025 Chinese New Year reception and “One World One Spring Huaxing Shines” Spring Festival gala on Saturday night in Lagos. She said the spring festival was the most ...

The threat of new US tariffs weighed on stocks at the start of the week. But I’m cautiously optimistic that while we may see ...

The gross fiscal deficit (GFD) target for 2025-26 has been budgeted at 4.4 per cent, a tad better than the 4.5 per cent ...

The gross domestic product (GDP) fell by 0.2% in the fourth quarter of 2024 compared with the third quarter of 2024 after adjustment for price, seasonal and calendar variations. While household and ...

Tax calculation: In Budget 2025, the Finance Minister announced that no income tax is payable up to an annual income of Rs 12 lakh, providing a tax rebate for individuals earning up to this amount.

After a heavy focus on public capex in the last three-four years, the government has opted to add an income-tax cut to boost ...

The report said gross domestic product shot up by 2.3 percent in the fourth quarter after surging by 3.1 percent in the third quarter. Economists had expected GDP to jump by 2.6 percent.

Investopedia / Photo Illustration by Alice Morgan / Getty ... and seeking ways to increase their income. The majority (83%) of households in the U.S. report having some type of debt and more ...

the government is still expecting the share of income tax in gross tax collections to increase in the financial year FY26. In contrast, the share of receipts from corporate tax in the gross tax ...