New Delhi, June 13 (IANS) Bangladesh’s official budget and revenue shortfalls may mask a deeper crisis in ethics and good governance, and the country is expected to continue in the same trend unless “corruption and extraction are reduced”, a report has said.The report from Bangladesh-based The Business Standard argued that the estimated losses from corruption, overpricing, inefficiency, and systemic extraction could possibly exceed the budget deficit itself.The National Board of Revenue has as…
Latest Revenue shortfall News & Updates
New Delhi, April 8 (IANS) The shortfall in the Pakistan government’s revenues has emerged as the Achilles’ heel of the IMF Programme.These revenues are the cornerstone of Pakistan’s IMF loan agreements, focusing on aggressive tax expansion to meet revenue targets and secure funds. To align with the IMF’s $7 billion Extended Fund Facility (EFF), the FBR is pushing for a revised target of over Rs 13 trillion, including tough tax hikes, revenue reforms in agriculture, property, and increased …
Bengaluru, Jan 16 (IANS) BJP Rajya Sabha Member from Karnataka, Lahar Singh Siroya, stated on Friday that the overall performance of the government in Karnataka is down and revenue targets are not being met, according it’s own assessment.Lahar Singh, quoting a news report, stated on Friday that the government in Karnataka will fail to meet its revenue targets for the financial year 2025-26.The state government’s own estimates say that between now and March 2026, when the financial year ends, it …