The Punjab government presented a Rs5.903 trillion budget for fiscal year 2026-27, proposing a 7 percent salary increase for employees. The budget also includes a 3.5 percent pension raise and significant allocations for development sectors. The measures aim to support public welfare, infrastructure growth and economic stability across the province. Punjab Finance Minister Mujtaba Shuja-ur-Rehman […]
Mujtaba Shuja ur Rehman
Punjab unveils Rs5.9tr budget for 2026-27
Punjab Finance Minister Mujtaba Shuja-ur-Rehman on Tuesday unveiled a Rs5,903 billion provincial budget for 2026-27. The tax-free budget proposes salary and pension increases while allocating significant funds for development projects. The budget directly affects government employees, pensioners, students, patients, and millions of Punjab residents. Presenting the budget in the Punjab Assembly, the finance minister announced […]
Punjab imposes new cess on imports and exports trade
The Punjab government has approved a 0.90 percent cess on imports and exports after the Punjab Infrastructure Development Cess (Amendment) Act 2026 was passed by a majority vote in the provincial assembly. Officials say the move aims to improve revenue collection and strengthen infrastructure development funding across the province. According to the legislation, the 0.90 […]