Latest news

Facebook-f X-twitter Telegram Instagram Whatsapp
Local newsNews

New Tax Regime Designed To Ease Burden On Workers, Small Businesses –Tegbe

By admin
16.03.2026
0


Chairman of National Tax Policy Implementation Committee (NTPIC), Joseph Tegbe, has said Nigeria’s new tax regime is designed to alleviate financial pressure on low-income earners and small-scale enterprises.

Tegbe stated this in an interview with the News Agency of Nigeria (NAN) yesterday in Abuja. Tegbe also said the new tax law was designed to strengthen the country’s fiscal sustainability and economic competitiveness.

He described the current reforms as the most comprehensive overhaul of the nation’s tax architecture in decades, aimed at simplifying the system, ensuring fairness and stimulating sustainable economic growth.

According to him, the reforms are anchored on four landmark legislations: the Nigeria Tax Act, 2025; the Nigeria Tax Administration Act, 2025; the Nigeria Revenue Service (Establishment) Act, 2025; and the Joint Revenue Board of Nigeria (Establishment) Act, 2025.



Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

03.10.2024
Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

Follow Us on Social Media

Facebook-f Twitter Youtube Instagram

© Copyright 2024

Themes