The standard deduction is useful as it doesn’t require any investment proof and increasing it to Rs 1 lakh would put even more disposable income in taxpayers’ hands.

Once, the middle class was synonymous with financial security. The average American household earned enough for basics plus a home, a car and vacations as well as savings for retirement and kids’ ...

Experts highlight key signs of moving from middle class to upper class, focusing on passive income, multiple income streams ...

ChatGPT started with the basics. In 1971, about 61% of American adults lived in middle-income households. By 2021, that number had dropped to 50%. That’s a massive shift in just 50 years. But the ...

The middle class feels like it’s disappearing, so I asked ChatGPT to explain what’s actually happening. The AI came back with data, reasons and context that made the situation clearer and more ...