The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

Unprecedented tax cuts in the Union Budget benefit a small minority, raising concerns about fiscal policy and economic growth.

The current gap between US federal spending and tax revenue is larger than ever outside of major war or crisis. Federal spending is significantly higher than the historical norm, while revenue remains ...

If you live in one of nine specific states, however, you're likely to see your take-home pay increase a bit, after lawmakers ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

Republicans readily admit the revenue loss from their tax proposals will be far larger than the spending cuts they’re envisioning.

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

The gap between U.S. federal spending and tax revenue ... year, was at just about the post-World War II average of 17.2%, but spending was 23.4% compared with an average of 19.8%. A chart like ...

President Donald Trump’s tax cut wish list would cost would the federal government between $5 trillion and $11.2 trillion in lost revenue over the next decade, according to a new analysis from a ...

That bill, which passed out of the Mississippi House on January 17 and now awaits consideration in the Senate, cuts the state income tax rate from 4% to 3% this year ... s time for us to be ...

The new administration is considering extending the tax cuts and Jobs Act in the US while mulling ... tax system. Last year, the government committed to simplifying the Income Tax Act—a long ...

FY2026 General Fund revenues are expected to exceed the July forecast by $49.3 million, while the Transportation fund will ...