LAHORE: The Punjab Assembly on Wednesday approved Rs 5,446 billion budget for the Fiscal Year (FY) 2024-25 by a majority vote. The new provincial revenues and budget measures will take effect from July 1, 2024, wherein taxes that had been in place for 70 years have been updated. According to the Finance Bill passed by … Read more
LAHORE: Punjab Finance Minister Mian Mujtaba Shujaur Rehman presented the province’s ‘tax-free’ budget for the fiscal year 2024-25, totaling 5.44 trillion rupees, amidst protests by the Sunni Ittehad Council (SIC). The finance minister introduced a 5446 billion rupee budget, boasting a surplus of 630 billion rupees. He announced that 77 new mega projects would commence … Read more
Punjab budget for next fiscal year will be presented in Provincial Assembly Lahore tomorrow. Finance Minister Mian Mujtaba Shuja-ur-Rehman will present the Budget. On the other hand, Punjab government has approved Safe City Projects for Multan, Dera Ghazi Khan and Rahim Yar Khan cities which will be completed during next financial year. This was stated … Read more
LAHORE: A public friendly Provincial Budget for fiscal year 2023-24 worth 4480 Billion 700 Million Rupees was tabled during Punjab Assembly session in Lahore this evening. Punjab Finance Minister Mian Mujtaba Shuja ur Rehman presented the Provincial Budget in the House. During his budget speech, the Finance Minister said that the estimate for total income … Read more
The tussle between the treasury and opposition benches in Punjab Assembly has caused the postponement of the budget session, and the budget could not be presented in the assembly on Monday Read more: KP budget 2022-23: Increases salaries of govt employees by 16% & pensions by 15% Punjab Assembly Speaker Chaudhary Pervaiz Elahi postponed the session … Read more
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
