Pakistan’s four provinces have collectively proposed a development budget of Rs3,138 billion for the fiscal year 2026-27, reflecting an increase of Rs76 billion compared to the current year. The plan highlights a continued push toward infrastructure expansion, public services improvement, and broader regional development priorities. According to budget documents, provincial governments will finance most of […]
punjab budget
Punjab likely to unveil tax-free budget for next fiscal year
The Punjab government is likely to present a tax-free budget for the upcoming fiscal year, according to sources in the provincial finance department, with a focus on sustaining subsidies, development spending and public welfare initiatives. Read More: Punjab unveils Rs5.3 trillion budget with 10% pay raise Sources said tax revenue for the next financial year is expected to […]
Punjab earmarks Rs5 billion for upcoming local body elections
LAHORE – The Punjab government has officially allocated Rs5 billion in its 2025–26 budget to conduct long-awaited local body elections, aiming to restore grassroots democracy across the province. According to official sources, the allocated funds will cover all necessary arrangements for the electoral process, which is expected to take place during the upcoming fiscal year. […]
Punjab set to unveil people-friendly budget for FY2025-26 today
LAHORE – Punjab Finance Minister Mujtaba Shuja ur Rehman will present the provincial budget for the fiscal year 2025-26 in the Punjab Assembly today (Monday). The new budget, according to the minister, will reflect the progressive vision of Chief Minister Maryam Nawaz Sharif, with a strong focus on development, transparency, and social welfare. Importantly, no […]
Sibtain Khan appointed as Opposition Leader in Punjab Assembly
Moments before the presentation of the provincial budget in the Punjab Assembly, PTI leader Sibtain Khan was appointed as Opposition Leader. On Monday, Punjab Assembly Speaker Pervaiz Elahi issued notification of Mr Sibtain’s appointment as Opposition Leader in the Punjab Assembly, ahead of the assembly’s expected stormy session in which the PML-N government would present […]
No hurdle in passage of budgets: Governor Punjab
FAISALABAD: Punjab Governor Chaudhry Mohammad Sarwar said on Tuesday there was no hurdle in the passage of federal and provincial budgets as all allies were with the government. He said this while talking to the media on the inauguration of the new building of government school in Chak No.515-GB of Toba Tek Singh, and a […]
SAARC Chamber, UBG term Punjab budget as development oriented
ISLAMABAD: South Asian Association for Regional Cooperation (SAARC) Chamber of Commerce and Industry and the United Business Group in the Federation of Pakistan Chamber of Commerce and Industry on Monday termed the Punjab budget as people friendly, tax free and economic development. They said that provincial budget was development oriented with major thrust on better […]
Punjab budget 2021-22: Rs 560 bn for development, revenue collection target Rs 359 bn
LAHORE: Punjab Minister for Finance Hashim Jawan Bakht on Monday presented the Punjab Budget 2021-22 in the provincial assembly with a total outlay of Rs2.653 trillion with tax concessions worth Rs50billion, Rs196billion allocation for South Punjab, Rs370billion for the health sector and Rs 442billion for the education sector. Rs 54 billion would be spent on […]
Punjab cabinet approves budget worth Rs2.653 trillion
LAHORE: The Punjab government on Monday approved the proposed budget for the fiscal year 2021-22 with an estimated total budget outlay of Rs2.653 trillion, including an Annual Development Programme (ADP) worth Rs560 billion. Punjab Finance Minister Hashim Jawan Bakht presented the budget while the Punjab Cabinet authorized the 10% increase in salaries and pension of […]