Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to Rs 10,000 for savings accounts.

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

Aggressive penny pinching and a joint powers agreement with District 112 are among the factors that have helped the City of Victoria maintain a flat tax levy for 2010. The Victoria City Council ...

The bill doesn’t adjust the income tax rate for Ohioans who make anywhere between $26,700 and $102,400, since they already fall within that 2.75% bracket.

Most states still levy taxes on their residents at graduated rates, but not here. In fact, Arizona helped to kick off a mini ...

A Georgia House subcommittee recommended passage of a measure that gives a $500 tax break to married couples filing joint tax ...

I sympathize with Richard Klitzberg’s reasons for a flat tax (“Congress Keeps the Tax Code Overly Complex for a Reason,” Letters, Jan. 14), but keeping it simple is very complicated.

A group that advocates for tax cuts is holding a rally at the Missouri Capitol on Tuesday ahead of a House committee hearing ...

Kathy Hochul. The result would be a flat tax imposed on betting handle and an end to the nearly century-old system in which horse racing bettors see their winnings rounded down instead of ...

As the tax-filing season nears, a research group has cited Arizona's role in helping to jump-start a recent flat-tax mini “revolution.” Over the past three-plus years, six states have ...