KP, Balochistan to present annual budget 2021-22 today
PESHAWAR: The governments of Khyber Pakhtunkhwa and Balochistan will present the annual budget 2021-22 in their respective provincial assemblies today on Friday (today). KP Finance Minister Taimur Saleem Jhagra will present the provincial budget for the next fiscal year 2021-22
Sindh Budget
Amid strong protest by the whistle-blowing members of three major opposition parties, Chief Minister Syed Murad Ali Shah, who also holds the portfolio for provincial finance minister, presented a Rs1,477.9 billion tax-free budget with a development outlay of Rs329 billion.
Sindh to present annual budget for FY 2021-22 today
KARACHI: The Sindh government will present its budget for the fiscal year 2021-22 with an outlay of over Rs 1.3 trillion in the provincial assembly today on Tuesday. The Provincial Assembly of Sindh’s budget-2021-22 session has been summoned to meet
Sindh-Centre clash
The Sindh government will present its annual budget today. This comes amid a clash with the Centre over not receiving adequate funds for development projects and complaints of bias. The federal government has dismissed allegations but said funds will be
Budget hopes and fears
The development of a country does not only require good performance by the government but also the cooperation of the people. In our country, the policymakers have always different from those who run the state of affairs. As a result,
Real budget relief
The PTI government unveiled its third budget hailed by most economic analysts as satisfactory and an overwhelmingly people-friendly budget. The government is certainly looking to provide some relief in the last years before the next general elections. The government can
Did the government deliver a people-friendly budget?
Federal Minister for Finance Shaukat Tareen has presented the budget for the fiscal year 2021-22 with an outlay of more than Rs 8,400 billion. What measures have been taken for benefit of the people? Which items will become cheaper and
Budget 2021-22: Rs1.37 trillion allocated for defence, increases by 6.2%
ISLAMABAD: The federal government has allocated Rs1.37 trillion for defence services in the budget for the fiscal year 2021-22, showing an increase of 6.2 percent. The proposed increase in the defence budget is less than recent years except for FY
Around Rs8 trillion federal budget to be presented today
ISLAMABAD: Pakistan Tehreek-e-Insaf government will present its third budget for the fiscal year 2021-22, with an estimated outlay of around Rs8 trillion. The National Assembly is already in session where the budget for the fiscal year 2021-22 would be presented
Budget Day
The federal government will present annual budget for fiscal year 2021-22 in parliament which will the first test for Finance Minister Shaukat Tarin and will lay ground for the future of the PTI government. The budget has been prepared considering
Budget 2021-22: Rs900 billion allocated for federal development projects
ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed that Rs 900 billion have been allocated for federal development projects in the upcoming Budget 2021-22. The committee notified Rs 900 billion have been allocated for federal
Centre-Sindh tussle
The government is set to table the annual budget later this week. This will be the first test for Finance Minister Shaukat Tarin who has vowed to present a budget with no added taxes or the expected increase in power
People-friendly budget
A common saying goes ‘Failing to plan is planning to fail’. Whether it’s our household expenses or the federal budget, we do not realize the importance of planning. We are tied to our archaic traditions and only lament on our
Budget expectations
The month of May brings great hope and anxiety as we take a close look at each passing day and also take a keen interest in TV news and analysis. There is only one event we looking forward to –
Budgetary allocations
The budget for the Fiscal year 2021-22 will be tabled on June 11. It will be the biggest test for the new Finance Minister Shaukat Tarin, who has already started preparations for the budget to bring out-of-the-box solutions this year
Federal secretary finance replaced weeks before budget
ISLAMABAD: The government has replaced the federal finance secretary two weeks ahead of the presentation of the budget for the next fiscal year. Yousuf Khan as the Secretary In-charge with immediate effect after relieving Fazal from his duty. Kamran Afzal
FBR seeks budget proposals for next fiscal year
ISLAMABAD: The Federal Board of Revenue (FBR) has invited proposals from various stakeholders on Income Tax and Customs for consideration in the upcoming budget for the fiscal year 2021-22. “The Federal Board of Revenue is currently engaged in formulation of
NA approves federal budget, passes Finance Bill 2020
ISLAMABAD: The National Assembly on Monday passed the Finance Bill 2020 to approve the budgetary proposals for the next fiscal year. Minister for Industries and Production Hammad Azhar had presented the Rs7.14 trillion budget for fiscal 2020-21 on June 12.
A disappointing budget
The nation had huge expectations from the federal budget 2020-21 particularly the business community that was hoping that the government will provide significant financial relief but were disappointed after the budget was presented. The textile, leather, agriculture and construction sector
KP Assembly presents Rs923 billion budget for FY 2020-21
PESHAWAR: Khyber Pakhtunkhwa Assembly on Friday announced the tax-free budget with a total outlay of Rs923 billion for Fiscal Year 2020-21. Presenting the budget in the Khyber Pakhtunkhwa Assembly, Finance Minister Taimur Saleem Khan Jhagra said the province will receive
Textile industry rejects ‘one-sided, unrealistic’ budget
FAISALABAD: The textile industry has expressed disappointment over the lack of relief provided in the budget as the situation could worsen amid a severe liquidity crunch and shrinking business. In a post-budget statement, Pakistan Hosiery Manufacturers & Exporters Association (PHMA)
Manipulating budget statistics
The PTI government has presented its second budget for the fiscal year 2020-21. Federal Minister Hamad Azhar’s speech was balanced but the truth will come out only after the budget figures are unveiled. A budget is a document prepared by
Provincial budgets
The federal government has passed the annual budget for the fiscal year 2020-21 and now the attention has shifted to the provincial budgets. The parliament will continue debating and politicians will keep criticising the budget that was passed under stressful
Corona budget
All eyes were on the government as it passed the federal budget 2020-21 amid the coronavirus pandemic. The outbreak has impacted the entire world. Even the most developed countries, and Pakistan could certainly not, escape the economic consequences. The budget
PM chairs cabinet session to approve budgetary proposals
ISLAMABAD: Prime Minister Imran Khan on Friday chaired a special session of the federal cabinet on to discuss the fiscal year 2019-20 budget During the meeting, the federal cabinet has approved the budgetary proposals for the next fiscal year. Finance
Auto industry shows sluggish performance in current year
ISLAMABAD: The auto industry displayed sluggish performance during the current financial year, except buses where it witnessed a growth of 17 percent during July-March 2019-20. According to the Economic Survey 2019-20 released on Thursday, during the period from July-March 2019-20,
Agriculture sector grew by 2.67% in 2019-20: Economic Survey
ISLAMABAD: The coronavirus outbreak has adversely impacted the national economy and the performance of all major sectors remained dismal during the outgoing fiscal year 2019-20. During the period under review, the agriculture sector recorded a growth of 2.67 percent considerably
Govt to present around Rs7.5 trillion national budget today
ISLAMABAD: The government will on Friday (today) present its second budget for the fiscal year 2020-21 with an estimated outlay of around Rs7.5 trillion. The National Assembly is already in session where the budget for the fiscal year 2020-21 would
Tax-free budget
Finance Adviser Abdul Hafeez said that Pakistan suffered a loss of Rs3 trillion in national income due to the coronavirus outbreak. While presenting the economic survey ahead of the annual budget, the adviser said they inherited a troubled economy on
Past and Present budget – Performance and Expectation
The Pakistan Tehreek-e-Insaf (PTI) government came to power after the 2018 general elections with Prime Minister Imran Khan at the helm of political affairs. The government presented its first budget for the FY2019-20 on 11th June, 2019 amid a much-anticipated
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