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Tag Archives: excise duty on telecom sector and customs duty

FDI into India declines to $1.27 billion in August, lowest in eight months

NEW DELHI: Indian Foreign direct investment dipped by about 10 per cent in August this year and stood at 1.27 billion dollar which is the lowest figure in the last eight months, according to the data of the Department of Industrial Policy and Promotion. In August of 2013, India had received FDI worth $1.40 billion. Last time in December 2013, FDI into India ... Read More »

PIDE terms fiscal revenue target ‘too ambitious’

ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has described the revenue target of Rs2,810 billion for the fiscal year 2014-15 as too ambitious to be met, saying the projected increase in revenue collection target is likely to be missed due to various factors. In a report, the PIDE cited that the highest growth in tax collection Pakistan had ever ... Read More »