Tips have a clear definition for tax purposes: the payment must be made “free of compulsion,” and the customer determines the amount—it cannot be the result of negotiation. Those restrictions make it ...

The Utah Legislature passed its base budget. All other supplemental spending must be reallocations from current programs.

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

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...

No income tax also makes Washington a more attractive ... the state isn’t able to generate its expected tax base, which can lead to issues like budget deficits, he said.

“This enables the government to expand the taxpayer base, including those who may ... Union finance minister Nirmala Sitharaman announced that no income tax will be payable on income up to ...

Broadening the Tax Base: Encouraging more individuals and businesses ... Capital Gains Taxation Capital gains will no longer be treated as a separate category but will be integrated into regular ...

No House Democrats supported the bill ... A Comparison for Large Businesses and International Taxpayers." Tax Foundation. "Base Erosion and Anti-Abuse Tax (BEAT)." Urban Institute & Brookings ...

He also cited the new tax regime (NTR), where there are no deductions or exemptions allowed ... main duties of "widening and deepening" the tax base, the CBDT chief said they were harnessing ...

I am now happy to announce that there will be no income tax payable upto ... that is 30% of tax payable as per existing base. A person with an income of 25 lakh gets a benefit of one lakh 10,000 ...