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.
Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
Mumbai (Maharashtra) [India], July 1: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leading coated metal products manufacturer and exporter, specialized in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms. Com
Pune (Maharashtra) [India], June 29: Bajaj Markets facilitates easy access to two-wheeler loans, providing a hassle-free borrowing experience for customers looking to purchase their dream bike or scooter. Individuals can get a loan amount of up to 100 per cent of the bike's value. Some other
This hefty borrowing, amounting to PKR 7.39 trillion from July 2023 to June 7, 2024, surpasses the government's collective borrowings of PKR 7.16 trillion in the previous two fiscal years (FY23 and FY22).
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
Pune (Maharashtra) [India], May 16: Bajaj Markets ensures a hassle-free borrowing experience to aspiring homeowners. One can now explore a range of options tailored to their needs on the platform and choose a loan offer that aligns with their requirements and preferences.
New Delhi [India], May 14: Andromeda, India's leading loan distribution firm, proudly announces the launch of its mobile app, "OneAndro," designed to streamline the loan borrowing and distribution process. The app, now available on Playstore, marks a significant leap forward in connecting th
The State Bank of Pakistan (SBP) data showed that the government's borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5, 2024. This is against PKR 2.95 billion in the same period last fiscal year.
A bench of justices, Surya Kant and KV Vishwanathan, made the remarks while declining to give any interim relief to the Kerala government over borrowing limits.
The Supreme Court on Monday referred to the five-judge bench to adjudicate the Kerala government suit challenging the Centre's decision to put restrictions on the borrowing capacity of states.