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tax collection

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Business

October 11, 2024

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India's Net Direct Tax Collections Up By 18.35% To Almost Rs 11.26 Lakh Crore In April-Oct

New Delhi: India’s net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows. The gross collection of direct tax grew […]

Business

September 12, 2024

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State Bank of Pakistan slashes policy rate by 200 BPS

The State Bank of Pakistan (SBP) reduced its policy rate by 200 basis points to 17.5% on Thursday, as headline and core inflation saw a sharper-than-expected decline over the last two months. The rate cut will be effective from September 13, 2024. The Monetary Policy Committee (MPC) of the SBP attributed this decision to falling […]