PAKISTAN BUDGET 2011-12
Rupees 164.447 billion Balochistan budget announced
Provincial Minister Asim Kurd Galloo announced an all time high tax free Balochistan budget 2011-12 at the provincial assembly.
Provincial Minister Asim Kurd Galloo announced an all time high tax free Balochistan budget 2011-12 at the provincial assembly.
top stories
Rs.15.43 billion budget presented for GBAn annual budget of Rs15.43 billion for the year 2011-12 was announced.
After turmoil, budget debate ends calmlyThere were outbursts and walkouts but a conclusion was reached.
AJK assembly passes Rs44.5bn budgetIt proposed Rs36 billion for recurring expenditure and Rs8 billion for development.
Rs249bn budget for Khyber PakhtunkhwaOne-third is to be spent on the Annual Development Programme (ADP).
Rs457bn surplus budget for Sindh
KARACHI: The Sindh government unveiled on Friday a tax-free Rs457.5 billion budget for 2011-12 with total estimated revenue receipts of…
KARACHI: The Sindh government unveiled on Friday a tax-free Rs457.5 billion budget for 2011-12 with total estimated revenue receipts of…
Punjab presents Rs655bn ‘election’ budget
LAHORE: The Shahbaz Sharif government unveiled on Friday a liberal and bountiful budget for Punjab, with a total outlay of…
LAHORE: The Shahbaz Sharif government unveiled on Friday a liberal and bountiful budget for Punjab, with a total outlay of…
Punjab govt plans to broaden sales tax base
LAHORE: The Punjab government proposes to adjust property and motor vehicles taxes and broaden the scope of provincial sales tax…
LAHORE: The Punjab government proposes to adjust property and motor vehicles taxes and broaden the scope of provincial sales tax…
Budget will give relief, says govt
LAHORE: The Punjab government says the provincial budget for 2011-12 will be relief-oriented, as the finance deficit will be met…
LAHORE: The Punjab government says the provincial budget for 2011-12 will be relief-oriented, as the finance deficit will be met…
Austerity measures, ban on jobs
LAHORE: The Punjab government plans ban on recruitments in all but three departments and increase allocations for law and order…
LAHORE: The Punjab government plans ban on recruitments in all but three departments and increase allocations for law and order…
Post-budget price spiral sets in
KARACHI: Sugar recorded the first post-budget price hike on Tuesday as its retail rates swelled to Rs68 per kg, while…
KARACHI: Sugar recorded the first post-budget price hike on Tuesday as its retail rates swelled to Rs68 per kg, while…
Tax evasion hit 79pc, FBR admits
ISLAMABAD: The Federal Board of Revenue admitted on Monday that tax evasion hit 79 per cent this year and said…
ISLAMABAD: The Federal Board of Revenue admitted on Monday that tax evasion hit 79 per cent this year and said…
Sindh to earn Rs20 bln through GST on services
KARACHI, June 6: The Sindh Assembly on Monday unanimously passed into law the Sindh Sales Tax on Services Bill, 2011,…
KARACHI, June 6: The Sindh Assembly on Monday unanimously passed into law the Sindh Sales Tax on Services Bill, 2011,…
Rs3bn secret funds for one ministry
ISLAMABAD: While calls for disclosing details of budgetary allocations in parliament and its standing committees are getting louder, the ministry…
ISLAMABAD: While calls for disclosing details of budgetary allocations in parliament and its standing committees are getting louder, the ministry…
Govt fails to implement assets-based tax proposal
ISLAMABAD: Despite the claim that it will widen the tax net, the government’s lack of political will to do so…
ISLAMABAD: Despite the claim that it will widen the tax net, the government’s lack of political will to do so…
Rs151 billion Sindh ADP likely to be proposed
KARACHI: The Sindh development total outlay for the fiscal year 2011-12 is expected to be Rs151 billion, with allocations of…
KARACHI: The Sindh development total outlay for the fiscal year 2011-12 is expected to be Rs151 billion, with allocations of…
Stakeholders dismiss budget as disappointing
HYDERABAD: Representatives and leaders of farmers’ organisations have dismissed the federal budget as ‘disappointing’ and harmful for agricultural sector. Workers…
HYDERABAD: Representatives and leaders of farmers’ organisations have dismissed the federal budget as ‘disappointing’ and harmful for agricultural sector. Workers…
PM Gilani terms budget as ‘people-friendly’
ISLAMABAD: Prime Minister Yousuf Raza Gilani on Sunday said that despite the financial difficulties the country was facing, the budget…
ISLAMABAD: Prime Minister Yousuf Raza Gilani on Sunday said that despite the financial difficulties the country was facing, the budget…
Ambitious tax target and sops
ISLAMABAD: With Rs300 billion revenue adjustment through reduction in subsidies and withdrawal of tax exemptions, sweetened with relief to government…
ISLAMABAD: With Rs300 billion revenue adjustment through reduction in subsidies and withdrawal of tax exemptions, sweetened with relief to government…
Rs56bn to be spent on internal security
ISLAMABAD: The government will spend Rs56 billion on internal security of the country during 2011-12 as the intensity of terrorist…
ISLAMABAD: The government will spend Rs56 billion on internal security of the country during 2011-12 as the intensity of terrorist…
Raise in salary of govt workers proposed
ISLAMABAD: The federal finance minister has proposed an increase of 15 per cent in the salary of government employees, including…
ISLAMABAD: The federal finance minister has proposed an increase of 15 per cent in the salary of government employees, including…
analysis
Other voices: Budget analysisAll provinces are being deprived of their constitutional rights in terms of finances.
Mismanaged development spendingDelays, costs over-runs, missed benefits and waste of public money are common.
Where will the budget take us?Pakistan has one of the most competent teams of economic managers in place in years.
A huge disconnectThe finance minister’s speech this year was was devoid of much content and disappoints.
The economic picture
THE outgoing fiscal was yet another year of uphill economic struggle for the vast majority of Pakistanis due to…
THE outgoing fiscal was yet another year of uphill economic struggle for the vast majority of Pakistanis due to…
The imperatives of economic self-reliance
THE difficult economic outlook on the eve of the budget is not very reassuring. The lethal combination of low growth…
THE difficult economic outlook on the eve of the budget is not very reassuring. The lethal combination of low growth…
features
Losing textile, losing trade A new tax on plant and machinery speeds up the downfall of the textile industry.
A return to Malthusian gloom? Uneven distribution of food can unleash the Malthus phenomenon on the poor.
It’s a pro-poor budget!: Parliamentarians The politicians said that the budget aims to provide relief to the poor masses.
Comment: The 2011-2012 budget session The National Assembly on Friday evening continued to be full of antics.
Health sector ‘criminally ignored’
LAHORE: Shocked by the meager budgetary allocation of Rs40 billion both for health and education sectors in the fiscal year…
LAHORE: Shocked by the meager budgetary allocation of Rs40 billion both for health and education sectors in the fiscal year…
Trade and industry disappointed
KARACHI: Leaders of trade and industry were disappointed over lack of an incentives package in the budget for attracting investment…
KARACHI: Leaders of trade and industry were disappointed over lack of an incentives package in the budget for attracting investment…
Reforming public sector enterprises
ON the eve of the federal budget 2011-12, focus must necessarily be on the public sector enterprises which drain away…
ON the eve of the federal budget 2011-12, focus must necessarily be on the public sector enterprises which drain away…
