Budget 2017-18

Experts call for broadening tax base

Number of out-of-school children, drop-outs show no progress

Khursheed leads walkout on second day over blackout of his speech on PTV

If government’s proposals are passed by parliament, it would undermine previous tax reforms

This indicates govt’s confidence in being re-elected in 2018 elections

Spokesman criticises Budget 2017-18, says it offers nothing for industrial growth

Industry official says price could be increased by Rs2,500-3,000 per ton

Move is said to ensure adoption of the Finance Bill

Say the government is playing a cruel joke on them

Government has earmarked funds for three projects under the new scheme

Association demands increase in recurring grants, tax exemptions for educators

Amount for current year was Rs800 million, which will be increased to Rs1.5 billion in upcoming year

Asks govt to encourage farming and breeding of animals for raw material

Almost all 18 schemes will be completed by end of June

Estimated cost of the project, now part of CPEC, is Rs19.2 billion

PMIC budget not specified in the PM Office’s annual budget amounting to Rs916 million

Expects Rs141.8 billion from US as part of Coalition Support Fund

If approved by parliament, finance minister and FBR will enjoy powers not even allowed to PM by the SC

Majority of the proposed projects are to be financed from the K-P Energy Development Fund

So what was Budget 2017-18 like for these sectors and how much was allocated to each

Rs637 million has been earmarked for 15 new schemes including one related to turning PTV into HD

The budget to be utilised for 105 ongoing and 62 new projects

Govt allocates Rs6 billion for PBM, Rs121 billion for BISP

Rs1.817b for top court in coming fiscal; Rs486m for IHC

Budget documents did not mention any special allocations in connection with preparation of next general elections

Interior Division gets Rs15.67b under PSDP

Pensions up 10%; minimum wage raised to Rs15,000; measures to additionally cost national kitty Rs125 billion

4% more for PM Office, 11% for Presidency

A third of money to account for settling foreign loans, paying interest on bank loans

Smart schools to be set up; two new colleges to be built

Amount does not include Rs180 billion allocated for pensions of military personnel

Inadequate measures to control emerging threats to external sector; no reforms to improve governance of public sector

The Ministry of Climate Change has been earmarked to get Rs815 million for development in the fiscal year 2017-18

New taxes imposed in five years add up to Rs1.3 trillion

Govt withdraws subsidy on fertiliser sales, earmarks Rs15.5b for KE

Govt exempts start-up software houses from income tax for first three years

In outgoing year, receipts are 7% lower than the Rs394.8b target

Announces various incentives for farmers to promote growth

Experts believe KSE-100 is likely to come under pressure, albeit briefly

Move comes after builders and developers contribute a meagre Rs112 million in tax collection during 2016-17

Tax incentives and relief announced for IT and agriculture sectors

Nearly half will be spent on govt’s ‘special schemes’ and meeting requirements of CPEC projects

Nawaz says today’s Pakistan is much stronger, stable than what his government inherited in 2013

Over 175 farmers arrested for "illegal assembly and obstructing public servants from discharging their duties"

Despite worrying macroeconomic indicators, Dar says Pakistan will not need another IMF bailout till 2019

Dept completed 20 of 78 schemes included in last year’s budget

The surge includes outgoing fiscal year’s losses estimated at $3.9b

Fundamental issues in economy remain, states think tank

Finance minister says fiscal deficit will come down to 4.2% in 2016-17

CM likely to present budget on June 2, depts scramble to use up remaining funds