The Punjab government has decided to present its annual budget for the next financial year on June 13. Officials say the decision came after reviewing the federal government’s targets. The budget is now being finalized. According to sources, the government aims to avoid burdening the public. Therefore, no new taxes will be added. Also, the […]
Annual Budget
Federal budget date may be rescheduled again due to eid holidays
Islamabad: The federal government may once again reschedule the date for presenting the annual budget due to the Eid holidays. According to sources, public holidays will fall on June 7 and 8 due to Eid-ul-Adha. As a result, June 9—Eid’s third day—might be declared a working day to accommodate key financial events. Sources say the […]
KP govt to spend Rs3.717 bn on 10BTAP
The Khyber Pakhtunkhwa (KP) government would spend Rs3.717 billion on 10 billion trees afforestation project (10BTAP) Phase-I ups-calling under the Prime Minister’s Green Pakistan initiative, establishment of knowledge parks and others forestry uplift projects during fiscal year 2021-22. 10BTAP Planning Officer Muhammad Ibrahim Khan told APP on Monday that the federal and provincial governments have […]
No additional taxes imposed by govt: Miftah
ISLAMABAD: Federal minister finance Miftah Ismail commented on Tuesday that government provided relaxation regarding tax to all sections of society in the budget 2018-19. He said that no further taxes were imposed that is unexampled in Pakistan’s history. Mentioning about people from the low-income background, he said that government has provided them the relief by exempting […]