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National Assembly passes Finance Bill

Published: June 25, 2010

The total volume of the 2010-2011 budget is Rs32.59 trillion.

Finance Bill 2010-11 has been passed by the National Assembly with majority votes on Friday.

Following amendments to the bill, the total volume of the Budget is 32.59 trillion rupees.

List of major points

- GST has been increased from 15 to 16 percent.

- 61 amendments of Senate were incorporated in the budget.

- Federal minister for Law Dr Babar Awan said 161 members participated in budget’s debate.

- Total time consumed on budgets debate is 39 hours and 37 minutes.

- Opposition leader Chaudhry Nisar has said the government did not incorporate even a single amendment tabled by opposition.

- PML-N staged a walkout on budget’s voting, however, they later returned to the House.

Reader Comments (4)

  • waqas ciit
    Jun 25, 2010 - 6:57PM

    at last some good initiative taken by government to increase the salary of government employees.Recommend

  • KM
    Jun 25, 2010 - 7:52PM

    Increase the salary wages, but DO NOT work on the root cause of inflation or price hikes. What a drama!

    Secondly, decide on how will this country earn money? is it through IMF only, and the price hikes and inflation will soon outdrive us from the export market.Recommend

  • Ghareeb Admi
    Jun 26, 2010 - 1:23AM

    Adding to what KM said; what is the percentage of people who are government employees? Is raising their salary is enough? and what kind of increment is this? They have deceived the nation. People who are sitting on high posts with high grades (who are already payed high salaries and are enjoying free services) will have in increments above 20 thousand rupees in their salaries and those being abraded by poverty will have an increment of 15 hundred rupees in their salary.Recommend

  • sanika
    Jun 26, 2010 - 5:52AM

    what non sense..wht is this country earning from..?? the private sector or the govt employees who only collect salaries while staying at home..!
    no initiatives to build a single dam to end up wid dix damn electricity crisis..no projects for the betterment..
    da whole thing is a grand game..Recommend

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