The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cent, borrowings and liabilities stand as the largest source at 27 per cent, and GST along with other taxes accounts for 18 per cent.
The IMF has proposed increasing the levy on petrol by Pakistani currency (PKR) 60 and reinstating the 18 per cent GST previously abolished in March 2022.
Agricultural and Processed Food Products Export Development Authority's (APEDA) initiatives have borne fruit as exports to major markets like Iraq, Vietnam, Saudi Arabia, and the UK experienced substantial growth compared to the previous year. Exports of agricultural produce to these oversea
Karnataka Large and Medium Industries Minister MB Patil addressed delegates from over 30 countries at the Bengaluru World Trade Centers Association and 54th WTCA Global Business Forum and said on Monday that the Karnataka state aims to become a USD 1 trillion economy by 2032, by growing at a
There is a need to reduce the GST rate on insurance products, especially health and term insurance, which is 18 per cent at present, recommends the Standing Committee on Finance.
Hyderabad (Telangana) [India], December 14: Fab Invest is a real estate investment platform that enables small and mid-scale investors to securely invest in top-tier real estate projects as a Micro Investor / Investment Partner and enjoy remarkable returns of 18 per cent per annum on their i
India's efforts have resulted in the reduction of TB incidence by 16 per cent in 2022 (from 2015), almost double the pace at which global TB incidence is declining (which is 8.7 per cent) while the mortality of TB has also reduced by 18 per cent during the same period in India and globally.
"We have decided that the SC will be given 18 per cent reservation and ST will be given 12 per cent reservation in Telangana. Under the Ambedkar Abhaya Hastam scheme, SC and ST families will be given Rs 12 lakhs. Indiramma pucca house scheme homeless SC and ST families will be given land and
A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 17.95 per cent increase on a yearly basis, Central Board of Direct Taxes Chairman Nitin Gupta said on Tuesday.
As per data, the total public debt of Kenya has risen by a record 10.8 billion US dollars to 70.75 billion US dollars, breaching the debt ceiling amount set in June 2022 by the parliament and exceeding the previous year's debt by more than 18 per cent.