Now, IMF pressurises Pak Govt to ‘cut tax exemptions’ to meet revenue collection target
February 5th, 2011 - 5:17 pm ICT by ANI
Islamabad, Feb 5(ANI): Besides asking Pakistan to increase the power tariffs, the International Monetary Fund (IMF) has also asked the financial crisis-hit country to reduce the tax exemptions in order to overcome ... Read more...
Posted in South Asia |
Cricket Australia cuts top player pool payments after revenue shortfall
November 7th, 2010 - 4:19 pm ICT by ANI
Sydney, Nov 7 (ANI): Cricket Australia has decided to cut pool payments to the nation's top cricketers after a 16million dollars shortfall in projected revenue this summer.Cricket Australia's general manager of finance ... Read more...
Posted in Sports |
Karunanidhi hopeful of diesel price rollback
March 3rd, 2010 - 8:52 pm ICT by IANS
Tiruchirappalli (Tamil Nadu), March 3 (IANS) Citing revenue shortfall in the Union budget as justification for increase in excise duty on petroleum products, Tamil Nadu Chief Minister M. Karunanidhi is nevertheless confident ... Read more...
Posted in Business |
Andhra CM to present budget assembly today
February 20th, 2010 - 12:01 pm ICT by ANI
Hyderabad, Feb 20 (ANI): Andhra Pradesh Chief Minister K Rosaiah, who also holds the finance portfolio, will present the state's annual budget for 2010-11 today.According to sources, the budget will have an ... Read more...
Posted in National |
Economy will grow over 6 percent this fiscal, says Mukherjee (Lead)
September 23rd, 2009 - 5:47 pm ICT by IANS
Kolkata, Sep 23 (IANS) Finance Minister Pranab Mukherjee Wednesday said the country's economy would grow over 6 percent this fiscal and that the government planned to scale down fiscal deficit to ... Read more...
Posted in Business |
Government aiming to bring fiscal deficit down to 4 percent
September 23rd, 2009 - 4:04 pm ICT by IANS
Kolkata, Sep 23 (IANS) Finance Minister Pranab Mukherjee Wednesday said the government planned to scale down fiscal deficit to 4 percent by 2012.
"We should try to bring down the fiscal deficit ... Read more...
Posted in Business |
Mexican government to raise taxes, cut spending
September 10th, 2009 - 12:15 pm ICT by IANS
Mexico City, Sep 10 (EFE) The Mexican government has proposed a 2010 budget that includes deep cuts in public spending and increased taxes on income and consumption to cover an expected revenue ... Read more...
Posted in Business |
Heavy losses deterring airlines from investing in IT: Report
July 1st, 2009 - 8:09 pm ICT by IANS
New Delhi, July 1 (IANS) Investment in information technology (IT) by airlines the worldover this year is likely to be the lowest since 2002, says SITA, an air transport communication provider.
The 2009 ... Read more...
Posted in Business |
Thailand to lose on tourism
April 22nd, 2009 - 12:53 pm ICT by Amrit Rashmisrisethi
On Tuesday, a government spokesman said, Thailand may lose up to US$5.35 billion in terms of the tourism revenue and millions of visitors in 2009 following its latest bout of political ... Read more...
Posted in Thailand Tourism |
Government has failed to address economic concerns: CPI-M
February 16th, 2009 - 8:34 pm ICT by IANS
New Delhi, Feb 16 (IANS) The United Progressive Alliance (UPA) government has failed to address the "serious concerns" of the fast deteriorating economic situation in the country under the impact of the ... Read more...
Posted in Politics |
French budget deficit jumped by 44 percent in 2008
February 13th, 2009 - 4:30 pm ICT by IANS
Paris, Feb 13 (DPA) The French budget deficit rose to 56.2 billion euros ($72.5 billion) in 2008, an increase of 44 percent over the previous year, the budget ministry announced Friday.
Budget Minister ... Read more...
Posted in World |