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The Union government’s net direct tax collection grew 15.4 percent on year to ₹12.1 lakh crore rupees during the period April 1-November 10, according to a statement. Direct taxes, which include corporate and personal tax, grew over 21 per cent to ₹15 lakh crore on a gross basis during the period, the statement issued by […]
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 […]