Punjab budget with a total outlay of 5,446 billion rupees was presented in provincial assembly in Lahore this afternoon.Punjab Finance Minister Mujtaba Shuja ur Rehman unveiling budgetary proposals said no new tax has been levied in budget for next fiscal year.He said revenue collection will be increased by fifty three percent through other means.Shuja ur Rehman said next Annual Development Programme will be of 842 Billion rupees.He said seventy seven new mega projects will be part of ADP.Mujtaba Shuja ur Rehman has said the revenue target for next fiscal year will be 960 billion rupees.Punjab Finance Minister said minimum wages have been enhanced from thirty two thousand rupees to seven thousand rupees.The salaries of government employees will be enhanced by twenty to twenty five percent while pensions fifteen percent.He said Minority Development Fund has been increased by one billion rupees for first time. He said six billion rupees have been allocated for laptop scheme while five billion ru pees for the Pakistan Kidney and Liver Transplant Institute Endowment Fund.He said inflation rate has been brought down to 11.8 percent and significant reductions are being made in government expenditures.He said revolutionary measures are being taken in the health sector in Punjab, and free Wi-Fi facilities have been provided at several locations in Punjab.Punjab Finance Minister said that solar panels will be provided to electricity consumers using hundred units and easy loans will be provided to those building houses up to five marlas.Earlier, Punjab cabinet approved the tax free budget for next fiscal year at a meeting presided over by Chief Minister Maryam Nawaz in Lahore today.Addressing the meeting, Chief Minister said all out efforts will be made for fulfillment of our promises made with the people.Source: Radio Pakistan
RECENT NEWS
DPM Reaffirms Steadfast Support for Lebanon’s Sovereignty
September 15, 2026
Pakistan and Lebanon Commit to Strengthening Security and Intelligence Ties
September 15, 2026
DPM Praises Positive Trajectory in Pakistan-US Relations
September 15, 2026
Fixed Tax Scheme for Retailers Will Remain Successful: Bilal
September 15, 2026
President Calls for Reinforcing Pak-China Strategic Trust
September 15, 2026
DPM Stresses Simple Registration for PM’s Fuel Relief Scheme
September 15, 2026
Government Announces Revision of Petroleum Product Prices
September 15, 2026
Jamaat-e-Islami Welcomes Government’s Fuel Relief Measures
September 15, 2026
ADVERTISEMENT