The new version of the income tax bill 2025 has explicitly allowed the entire amount of commuted pension as a tax deduction for those taxpayers who receive the pension from a specified fund as ...

Rising inflation at 33.5 per cent eroded pension asset values and retirees’ purchasing power last year, The Nation has learnt. Similarly, continued naira depreciation during the year under review ...

The Income Tax Department has released a new brochure which mentions all the benefits under the Income Tax Act, 1961 which retired employees, both private and public sector, can avail. This brochure ...