A special session of the provincial cabinet chaired by Punjab Chief Minister Usman Buzdar has approved the budget proposals for the new financial year 2020-21. The Punjab cabinet also approved the Annual Development Program 2020-21 while the supplementary budget for the financial year 2019-20 was also approved. The meeting was chaired by Punjab Chief Minister … Read more
As Punjab Government is going to present the budget of Rs2.222 trillion today, the provincial sales tax is expected to be slashed by 5 percent for the majority of services. According to details, the government is going to allow submission of the property tax in two installments due to the novel coronavirus pandemic. Punjab will … Read more
Ameer Jamaat-e-Islami Senator Sirajul Haq has said that we do not accept the current budget because this budget is just a bundle of words while the performance of this government is zero. According to details, while talking to media in Karachi, Ameer Jamaat-e-Islami Senator Siraj ul Haq while rejecting the budget of the federal government … Read more
The government has presented the budget for the fiscal year 2020-21 today (Jun 12) and assigned Rs1.324 trillion for the Public Sector Development Programme. Following are the pointers of distributions under the Public Sector Development Programme (PSDP) for various divisions and ministries for the FY 2020-2021: The total expenses of the PSDP for this fiscal … Read more
International Monetary Fund (IMF) and Pakistan agreed to raise salaries and pensions in budget talks. According to details, Electricity and gas will not be increased until October 2020. Alternative revenues have been agreed to control the budget deficit. According to sources in the Ministry of Finance, the IMF has agreed to provide relief in the … Read more
