Nirmala Sitharaman said the income tax changes will cost the government more than 1 trillion rupees in revenue.

With state governments handing out freebies to the poor leading to despondency in the middle-class, it was assumed that Finance Minister Nirmala Sitharaman would have no option but to make a big move ...

County officials recommend some cuts to homeless services, part of a changing approach ahead of the Measure A sales tax ...

Analysis: No income-tax up to Rs 12-lakh income, subject to conditions, according to experts, can fuel consumption in the ...

Union home minister Amit Shah, applauding the tax cuts in the Union budget today, said the middle class is always in PM Modi's heart.

The finance minister has raised the limit of income tax rebate from Rs 7 lakh to Rs 12 lakh which essentially means that if an individual has an income of up to Rs 12 lakh, she will have zero tax ...

The middle class, often seen as the silent engine driving India’s economic growth, is finally at the center of fiscal relief.

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years. Currently, ...

Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing ...

India's plans to cut personal income tax rates will put more disposable income in the hands of the people and eventually ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

After a week of preparing and laying out priorities, it's time for lawmakers to get to work as Oklahoma's regular legislative session kicks off on Monday with Gov. Kevin Stitt's State of the State ...