Shockingly, since its implementation in July 2022, the illicit sector's share has grown from 37% in the financial year 2021-22 to 63% by the end of 2023-24. This increase is expected to cause a revenue loss of Pakistan rupee (PKR) 310 billion to the government in FY24.
Mumbai (Maharashtra) [India], November 29: One of Asia's largest integrated learning, skilling & workforce development majors upGrad moved to the widely accepted IndAS accounting standard in line with its longer-term listing plans.
"It is quite alarming that illegal deals with China cost Nigeria USD 2.4-billion revenue loss from the sale of stolen 48 million barrels," Nigeria's Speaker of the House of Representatives Femi Gbajabiamila said in Abuja on Tuesday, at the opening of the ad hoc committee set up to probe the
The CAG report states that the failure of the District Mining Officers of Bageshwar and Chamoli to impose fines on illegal mining stockpiles resulted in a revenue loss of Rs1.24 crore.
New Delhi [India], February 16 (ANI/PRNewswire): RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, announced today that Air Cairo, Egypt's second-largest carrier has selected AirGain to gather essential pricing insights and compe
Meta has reported a year-over revenue loss of over 4 per cent. As the Q3 report came out, Meta reported losses and the company has even projected loss for the next quarter.
New Delhi [India], March 16 (ANI/India PR Distribution): COVID-19 has resulted in schools shutting all across the world. This has resulted in immense revenue losses and even permanent or temporary school closures. To keep up, schools need to go beyond the traditional way of operating and ado
Amravati (Andhra Pradesh) [India], September 5 (ANI): Condemning the allegations of the Telugu Desam Party (TDP) on the financial condition of the state, Andhra Pradesh Finance Minister Buggana Rajendernath said that the state government has implemented the welfare schemes in spite of fall i
Bengaluru (Karnataka) [India], June 25 (ANI/NewsVoir): Reeling from revenue losses across most of 2020, Small Businesses across India found respite in digital technologies. Through Razorpay, MSMEs started accepting and making millions of transactions digitally, spearheading the digitisati
Chandigarh (Punjab) [India], March 4 (ANI): The Punjab Cabinet led by Chief Minister Captain Amarinder Singh on Thursday approved several key recommendations of the sixth Punjab Finance Commission, including compensation against revenue losses on certain counts.
Mumbai (Maharashtra) [India], January 16 (ANI): Maharashtra Goods and Services Tax (GST) Department on Friday arrested a Vile Parle-based businessman for allegedly causing a revenue loss of Rs 31 crore to the state government by fraudulently claiming the input tax credit.
New Delhi [India], November 4 (ANI): Amid ongoing anti-farm bills agitation at 32 places in Punjab, the Indian Railways informed that it has suffered revenue losses of more than Rs 1,200 crores as freight operations remain suspended due to the blockages.