A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...

By increasing the income tax exemption limit, homebuyers now have greater purchasing power, enhancing demand for residential properties. The move to allow tax benefits on two self-occupied ...

“People are happy with the income tax exemption. They will now spend money on purchasing commodities, which will help generate revenue for the government. More purchasing power and spending will ...

One of billionaire Elon Musk's allies has been installed as the head of the Treasury Department bureau that manages the ...

Primerica Household Budget Index™ (HBI™), an economic snapshot solely focused on the financial well-being of middle-income households, found the average purchasing power of middle-income ...

collections won’t increase significantly since taxes are based on the previous fiscal year's income," he added. "Therefore, the government opted for the easier route of raising customs duties." ...

Steve Bartels, would restrict the law enforcement duties of reserve police officers ... low-cost police protection in municipalities where tax revenues are limited. ”If you restrict the police ...

In the financial year 2023-24, the new tax regime became the default regime. This regime's tax rates are lower than those of the old regime, but it phases out most of the exemptions and deductions.

Trump’s executive memo did not nix the IRS or income taxes; it directed Cabinet officials to consider the feasibility of establishing an External Revenue Service to collect tariffs. Congressional ...

Total tax expenses rose 27% to 800 million rupees. Regulatory income, which includes adjustments related to fuel cost, purchase of power and other fixed costs, fell to 3 billion rupees from 5.6 ...

Consumers will see the price of alcohol rise from Saturday when a hike in tax and duties comes into effect ... buy less which results in reduced income to the Exchequer, businesses are being ...

Washington Post associate editor Jonathan Capehart and Matthew Continetti from the American Enterprise Institute join Geoff ...