The idea of the poverty line dates back to 1963, when Mollie Orshansky, a statistician for the Social Security Administration, developed a method to measure how many families were unable to ...

What really makes you middle class? Explore how stability, education, and cultural identity are reshaping our understanding of economic status in the United States.

Are you in the middle class? The salary range needed for keeping up with the Joneses depends on how many people live in your home.

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

The Union Budget's increase in the income tax exemption to Rs 12 lakh is anticipated to significantly boost demand for ...

The migration wave comes as Britain grapples with multiple challenges, including the planned abolition of non-dom tax status ...

India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen.   ...

Finance Minister Nirmala Sitharaman said that slabs and rates are being changed across the board to benefit all tax-payers.

A revision or reduction in income tax rates and slabs is widely expected, aiming to alleviate the financial strain on the middle/salaried class grappling with inflation and stagnant wage growth. The ...

Nirmala Sitharaman will present the Union Budget on February 1 with expectations of measures to boost economic growth and provide relief to the middle class amid high prices ... gaining traction is ...

PM Modi’s focus on the middle class has raised expectations of income tax relief. Every year, salaried taxpayers hope for lower tax rates, revised tax slabs, and a higher standard deduction to reduce ...