The government said it tried to allay the concerns of India's middle class, particularly income tax payers, in the Union ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

When the property is sold within 365 days, the tax rate is 20 per cent of income earned, with the rate decreasing over the next year. The tax no longer applies when the property has been owned for ...

Until the financial year 2025, individuals earning less than three times the per capita income were exempt from income tax.

Budget, FM Sitharaman declares that no income tax would be payable up to annual income of Rs 12 lakh, announcing that the ...

Ridership per capita in Omaha ranked 17th among 20 cities, and about half the average of like-sized peers. The buses running ...

The so-called tax bonanza given to the middle class seems to have taken the wind out of other crucial issues in visual-media discussions. India’s middle class i ...

A new report from the state legislature’s Commission on Government Forecasting and Accountability shows how Illinois stacks ...

Swaminathan Aiyar highlights the Budget's support for the middle class and Bihar, but criticizes the high tax exemption limit ...

There is a growing sense that the Indian government has been over-taxing its citizens. But is that so? We explain.

HYDERABAD: Telangana topped the country in own tax revenue (OTR), according to the Economic Survey 2024-25 tabled in Parliament on Friday. The survey also highl ...