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The 2023–24 Punjab, Pakistan budget on 19 June I2023, the interim government of Punjab, led by Chief Minister Mohsin Naqvi, approved a budget of the fiscal year 2023-24 for the first four months (Since there is no elected government, the caretaker government lacks the authority to approve a full-year budget. However, after the revision and ...
The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [ 1 ] [ 2 ] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [ 3 ]
The Punjab Legislative Assembly or the Punjab Vidhan Sabha is the unicameral legislature of the state of Punjab in India. The Sixteenth Punjab Legislative Assembly was constituted in March 2022. At present, it consists of 117 members, directly elected from 117 single-seat constituencies. The tenure of the Legislative Assembly is five years ...
The Provincial Assembly of the Punjab is a unicameral legislature of elected representatives of the Pakistani province of Punjab, which is located in Lahore, the provincial capital. It was established under Article 106 of the Constitution of Pakistan , [ 2 ] having a total of 371 seats, with 297 general seats, 66 seats reserved for women and 8 ...
The Punjab budget 2019–20 is the provincial budget of Punjab, Pakistan for the fiscal year beginning from 1 July 2019 and ending on 30 June 2020. [1]It was presented by Provincial Finance Minister Hashim Jawan Bakht on 14 June 2019 at the Provincial Assembly of the Punjab with a total outlay of ₨. 3.2 tn.
The Governor of Punjab is the appointed head of state of the provincial government in Punjab, Pakistan. Although the Governor is the head of the province on paper, it is largely a ceremonial position; and the main powers lie with the Chief Minister of Punjab and Chief Secretary of Punjab .
This bill was approved by the Punjab Assembly on 20 May 2024. [4] [5] All the amendments suggested by the opposition were rejected, which was followed by heated debates, protests and tearing of copies of the bill in the assembly. [6] The bill was presented by Punjab Parliamentary Affairs Minister Mian Mujtaba Shuja-ur-Rehman. [7]
The government has termed the budget as "an investment and business friendly budget." [3] Although no new property taxes were levied in Federal Budget but the provincial Punjab Budget 2013–14 imposed new taxes on property. Property sellers were made liable to pay a fixed percentage of tax which decreases as the retention period increases. [4]