Punjab govt announces Rs 56b tax relief package

LAHORE, Jun 15 (APP):Provincial Finance Minister Makhdoom Hashim Jawan Bakhat said on Monday that more than Rs 56 billion Tax Relief Package will be ensured in the financial year 2020-21 to facilitate the business sector and the people at large. During his budget speech in the assembly session here, he added that Punjab has been… Continue reading Punjab govt announces Rs 56b tax relief package

Govt allocates over Rs 42 bln for OLMT project

LAHORE, June 15 (APP):-:The Punjab government has earmarked Rs 42.333 billion for the ongoing project of Orange Line Metro Train (OLMT), in the fiscal budget 2020-21. According to the budget documents, the allocated amount would be used for land acquisition, structural compensation and other expenses. The government has also allocated Rs 317 million for transport… Continue reading Govt allocates over Rs 42 bln for OLMT project

Punjab govt allocates Rs 31.37 billion for agri sector

LAHORE, Jun 15 (APP):The Punjab government has allocated Rs 31.73 billion for the agriculture sector in the financial year 2020-21, with a vision to transform the sector into high value one with consistent approach in promoting value agriculture produces as fruits and vegetables, with 12 per cent of the total agriculture sector annual development programme… Continue reading Punjab govt allocates Rs 31.37 billion for agri sector

Punjab govt allocates Rs. 391bln for education sector

LAHORE, Jun 15 (APP):The Punjab government has allocated more than Rs 391 billion for the education sector for fiscal year 2020-21. The allocations include Rs 357 billion for ongoing regular expenditures, and Rs 34.5 billion for development schemes. According to the budget document, funds amounting to Rs 350 billion have been allocated for School Education… Continue reading Punjab govt allocates Rs. 391bln for education sector

Punjab presents Rs 2,240b budget for FY 2020-21

LAHORE, Jun 15 (APP):Provincial Finance Minister Makhdoom Hashim Jawan Bakhat presented the Punjab budget for financial year (FY) 2020-21 with total outlay of Rs 2,240.7 billion, including Rs 337 billion, for development, in the Punjab Assembly session here on Monday. Giving break-up of the budget in his speech during the assembly session, the finance minister… Continue reading Punjab presents Rs 2,240b budget for FY 2020-21

Punjab budget highlights

LAHORE, Jun 15 (APP):Following are the highlights of the provincial budget for fiscal year 2020-21. *Sardar Usman Buzdar-led Punjab government presented its third budget in the 22nd session of the Punjab Assembly held at a local hotel, here on Monday. *Speaker Punjab Assembly Chaudhry Pervaiz Elahi presided over the session. *The session started two hours… Continue reading Punjab budget highlights

Punjab govt earmarks Rs 284.20bln for health

LAHORE, Jun 15 (APP):The Punjab government has earmarked Rs 284.20 billion for the health sector collectively in the financial year 2020-21 budget proposals. According to the budget documents issued on Monday, Rs 250.70 billion would be spent on ongoing regular projects, while Rs 33 billion has been allocated for development expenditures in the health sector.… Continue reading Punjab govt earmarks Rs 284.20bln for health

Punjab cabinet approves budget proposals 2020-21

LAHORE, Jun 15 (APP):Punjab Chief Minister Sardar Usman Buzdar on Monday chaired a provincial cabinet meeting, which unanimously approved the budget proposals for fiscal year 2020-21, besides finance bill 2020. Supplementary budget 2019-20 and revised estimates for the financial year 2019-20 was also approved in the meeting. There would be ban on using development funds… Continue reading Punjab cabinet approves budget proposals 2020-21

PA budget session begins

LAHORE, June 15 (APP):-:Punjab Assembly session to present annual budget for the fiscal year 2020-21 began at a local hotel on Monday. Speaker Punjab Assembly Chaudhry Pervaiz Elahi is chairing the session which resumed after a two-day break. The PA session started 2 hours behind its scheduled time of 2:00 p.m. Chief Minister Punjab Sardar… Continue reading PA budget session begins

Rs 13.30b allocated for Livestock, Dairy Development

LAHORE, Jun 15 (APP):The Punjab government has allocated Rs 13.30 billion for the Livestock and Dairy Development in the financial year 2020-21, for sustainable livestock development to ensure food security, enhnaced competitiveness, improved milk and meat productivity with exportable surplus. According to the budget documents, out of total allocation for the sector Rs 1,544.250 million… Continue reading Rs 13.30b allocated for Livestock, Dairy Development

Rs 500 mln allocated for human rights & minority affair sector

LAHORE, June 15 (APP):-:The Punjab government has earmarked an amount of 500 million for human rights & minority affairs sector for the fiscal year 2020-21. According to the budget document, an amount of Rs 321 million was allocated for the ongoing schemes, whereas, Rs 178 million allocated for new schemes in the development budget 2020-21.… Continue reading Rs 500 mln allocated for human rights & minority affair sector

Rs 400 million set aside for tourism

LAHORE, Jun 15 (APP):The Punjab government has allocated Rs 400 million as development budget for tourism in the financial year 2020-21, with a vision to make Punjab an attractive tourist destination through inclusive planning, diversification, development and management of tourist destinations in an organized manner. According to the budget documents, Rs 340 million have been… Continue reading Rs 400 million set aside for tourism

Punjab to spend Rs 337b on development in next FY

LAHORE, Jun 15 (APP):Provincial Finance Minister Makhdoom Hashim Jawan Bakhat said on Monday that a total of Rs 337 billion would be spent on developmental schemes/projects of various sectors during the next financial year (2020-2021). During his budget speech in the assembly session here, he said that despite huge economic challenges and dearth of resources,… Continue reading Punjab to spend Rs 337b on development in next FY

Rs 17,470 mln allocated for irrigation

LAHORE, Jun 15 (APP):The Punjab government has allocated Rs 17,470 million as development budget for irrigation in the financial year 2020-21, with a vision to provide adequate, equitable and reliable irrigation supplies to the cultivable lands of Punjab aiming at enhanced agricultural productivity. According to the budget documents, Rs 16,770 million have been earmarked for… Continue reading Rs 17,470 mln allocated for irrigation

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