The majority of personal income for Americans comes in two forms. The largest being income from wages and salaries. The second is from what are called personal current transfer receipts, which are ...

For economists trying to measure the health of an economy, there are a number of similar sounding but slightly different concepts that can confuse those without a background in macroeconomics. Two of ...

You may keep the LTCG within the tax-free limit of Rs 1 lakh in a financial year, but the gain amount will still be added to your aggregate income to determine your eligibility to get rebate on tax ...

The dispersion of American adults out of the middle is accompanied by rising inequality. Trends in household income show rising prosperity overall from 1970 to 2014, but median income increased the ...