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Posts tagged "federal budget"

Federal budget highlights: Things you need to know

From raise in government employees’ salary and pension to the imposition of new taxes, here are the key items in Rs5.2 trillion federal budget for 2018-19.

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April 27, 2018

 

Miftah Ismail takes oath as finance minister hours before presenting budget

Miftah Ismail, who was serving as adviser to the Prime Minister for Economic Affairs,  took oath as finance minister on Friday, hours before presenting the federal budget for fiscal year 2018-19. President Mamnoon Hussain administered the oath at President House early in the morning after Prime Minister Shahid Khaqan Abbasi appointed him under Article-91 (9)…

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April 27, 2018

 

Govt with 34 days left can’t set budget for next year: Opp parties

The Opposition will protest the federal government that is going to launch its sixth consecutive budget for fiscal year 2018-19 on Friday, 34 days before its five-year term comes to a close. A government that is going to complete its term after a month is not entitled to present a budget for the entire year,…

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April 27, 2018

 

Federal government to present budget for fiscal year 2018-19

The federal government is all set to present its sixth consecutive budget for the next financial year in the National Assembly today (Friday), with an estimated outlay of over five trillion rupees – just 34 days before its five-year term comes to a close.  Dr Miftah Ismail, who took oath of federal minister on Friday,…

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April 27, 2018

 

Federal govt to present people-friendly budget on April 27: minister

FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan on Sunday said the PML-N government would present its fifth budget on April 27 which will not only be people-friendly but will also provide the maximum relief to the masses. Addressing a reception hosted by Markazi Ulema Council (MUC) at Ghulam Muhammad Abad here, he said…

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April 23, 2018

 

PM to hold press conference today ahead of budget

Prime Minister Shahid Khaqan Abbasi will address an important press conference Thursday to bring to light several issues including tax amnesty and energy crisis ahead of the upcoming budget. PM Abbasi will hold the press conference at 6pm this evening at Prime Minister House. He is expected to brief nation about his meeting with Chief…

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April 5, 2018

 

Federal Budget 2018-19 to be unveiled on April 27

ISLAMABAD: The Federal Budget 2018-19 will be presented on April 27 because our government’s term ends on May 31, announced finance adviser Miftah Ismail on Friday. Addressing a press conference in the capital city, Miftah Ismail said he has consulted all political parties including PTI, PPP and MQM about the budget’s date. “The idea is…

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March 9, 2018

 

Khursheed Shah incited farmers to protest at D-chowk: report

ISLAMABAD:  A report prepared by intelligence agencies stated that Leader of the Opposition Syed Khursheed Shah and other PPP leaders instigated the farmers to protest and clash against police at D-Chowk on Friday.  According to details, a report was prepared by intelligence agencies which stated that Pakistan Peoples Party incited farmers to protest and clash…

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May 27, 2017

 

Budget 2017-18 to have sound impact on economy: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Friday described the federal budget for fiscal year 2017-18 as very balanced and good, and said it would have sound impact on the country’s economy. Talking to newsmen here after the presentation of federal budget in the National Assembly, he said special emphasis had been laid on the…

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May 26, 2017

 

Live Updates: Dar unveils federal budget with total outlay of Rs. 4.75 trillion

– Government employees till grade 5 have been exempted from deduction of house rent allowance -Agriculture credit target has been set from Rs700 billion to Rs1.001 trillion -New IT companies would be given a tax break for up to three years: Ishaq Dar -FED on cement has been increased from Rs.1 to Rs. 1.25 per…

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May 26, 2017

 

Federal Budget 2017-18: Mobile phone users get much-needed relief

ISLAMABAD: Finance Minister Ishaq Dar on Friday proposed a cut in excise duty, sales tax and custom duty on mobile phone calls and smart phones in the Federal Budget 2017-8.   Unveiling the budget in the National Assembly here, Ishaq Dar said that that withholding tax on mobile phone calls was being reduced from the…

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May 26, 2017

 

Education budget unveiled

ISLAMABAD: The government has allocated Rs 2961.926 million for the Ministry of Federal Education and Professional Training for Fiscal Year 2017-18 in the Public Sector Development Program (PSDP). According to budgetary document released here on Friday, a total amount of Rs 576 million has been earmarked for new schemes  of the ministry of federal education,…

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May 26, 2017

 

Dar to present Rs 4.8 trillion national budget on Friday

ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar will present the fifth Federal Budget of the ruling democratic dispensation with an estimated outlay of Rs 4.8 trillion for the fiscal year 2017-18 tomorrow (Friday). The National Assembly, already in session since May 23, will meet here at the Parliament House on Friday at 1600 hours, after…

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May 25, 2017

 

Dar to unveil federal budget on Friday

ISLAMABAD: Finance Minister Ishaq Dar will present federal budget for the next financial year in the National Assembly 4 pm on Thursday. The Finance Minister had held important meetings with Finance Division, FBR, and other concerned departments in order to finalize budgetary proposals in accordance with the directives of the Prime Minister, officials said. Today,…

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May 25, 2017

 

Focus of next budget to be on achieving sustainable economic growth: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday said that focus of the next year’s budget would be on achieving higher, sustainable and inclusive growth. He directed the Cabinet members to accord priority to the areas under their domain that could lead to improved economic growth and generate additional employment opportunities. The Prime Minister was…

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May 11, 2017

 

Govt announces significant incentives for Railways: Bilour

ISLAMABAD: Senior Leader of Awami National Party (ANP) MNA Haji Ghulam Ahmad Bilour said that the government has announced generous incentives for Pakistan Railways in the budget 2016-17. Talking to APP outside the Parliament House, Ghulam Ahmed Bilour said that over all the government has announced a people-friendly budget. He hailed the allocation of hefty…

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June 4, 2016

 

Khurram’s marriage dreams dashed

Budget 2016-17 may have many victims. But, biggest one is Karachi’s Khurram who could not tie the nuptial knot after the budget was announced. What happened actually? Watch this video.

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June 4, 2016

 

Taxes worth over Rs.150b imposed

The new federal budget has introduced new taxes worth over Rs.150 billion with subsidy worth Rs.60 billion struck off. Decision has been made to impose customs duty on hundreds of daily use commodities including powder milk, mineral water, electronics and cosmetics. More in Shakeel Ahmed’s report.

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June 4, 2016

 

Budget likely to increase people’s problems: Elahi

ISLAMABAD: Former Punjab Chief Minister Chaudhry Pervaiz Elahi claimed that the federal budget was likely to create difficulties for the common people. Commenting on the budget, he said it would increase the problems of government employees, farmers, labours, traders and others. He said during his tenure as Punjab chief minister, the government had given 50…

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June 4, 2016

 

Karachi traders dread federal budget

The business fraternity is affrighted over the federal budget unveiled by Federal Finance Minister Ishaq Dar on Friday, saying, “The budget will spark traders community’s problems.” More in Munis Ahmed’s report.

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June 4, 2016

 

Govt presented balanced budget: Balighur Rehman

ISLAMABAD: Minister of State for Federal Education and Professional Training Muhammad Balighur Rehman said that PML-N government has presented a balanced budget and special relief measures were announced for farmers. Talking to media outside the Parliament House, he said the government provided relief to all segments of society and overall it is budget of common…

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June 4, 2016

 
 
 
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