budget2011

On Friday the minister laid out his agenda which was ambitious to say the least.

Govt decides to fix regulatory structure of power.

Electricity tariff, sugar prices at utility stores to rise.

Centre’s share to be Rs290 billion and provinces to get Rs430 billion.

Tax on defence sales imposed, sales tax reduced to 16%, withholding tax on cash withdrawal cut to 0.2%.

Opposition leader says PML-N losing patience with administration’s indifference.

Provinces will receive Rs38.2 billion for development projects .

Rs541m set aside for Prime Minister Secretariat, Presidency allocations increased to Rs473m.

Minister lets his inner economist free, leaving the populists hanging.

Load-shedding in coming financial year threatens economic growth.

Dr Abdul Hafeez Shaikh briefed the prime minister and his cabinet colleagues about the budget proposals.

About Rs4.7 billion has been set aside for salaries of the security personnel in the federal capital.

The milita­ry establ­ishmen­t had sought an 18% increa­se.

Govt set to spend Rs2.8 trillion, removes several tax exemptions, restricts expenditure growth to below inflation.

Growers say new taxes will be detrimental to agricultural growth.

PPP tries to appease MQM who threatens to walk out.

Public sector investment crowding in the private sector investment has far-reaching implications for long-term growth.

The allocations in the federal budget for fiscal 2011-12 are more or less in line with those of previous years.

Nisar says opposition sloganeering to make government realise burdens on poor people.

Budget for fiscal year 2011-12 announced with an outlay of Rs 2.5 trillion.

According to 2010-11 economic survey, there are 3,329 CNG stations operating in the country.

Punjab has the highest literacy, followed by Sindh, Balochistan and K-P.

Infant and maternal mortality rate has been on the rise in past several years.

The ratio of the country’s total debt to the size of its economy declined to 55.5% by the end of March 2011.

Sector to grow 1.2% as floods damage rice and cotton crops.

The overall consumption of petroleum products declined by 0.97 per cent and gas fell by 2.03 per cent.

Government refuses to release poverty figure for third year in a row.

Small-scale manufacturing does better than large-scale.

The amount is Rs37b more than US aid for the year.

Eight were born, two died every minute on average in 2010, survey shows.

The biggest obstacle to economic growth is the government's own inability to engage in structural reforms.

2010-11 losses are the highest since Pakistan became the frontline state in the war against terrorism.

Hafeez Shaikh reveals missed targets; budget due today.

‘The energy crisis is the biggest obstacle to economic growth’.

Adviser says there is no more money for special packages for cities.

All of the promises made by Hafeez Sheikh at last years budget presentation have not been kept.

Brining the fiscal deficit under control will be a challenge in fiscal year 2011-12.

Politicians fear an austere budget will hurt electioneering.

Bids for treasury bills were lower than the targets.

Annual target of Rs1,588b now seems easy to achieve.

Minister says innovation is the key to economic competitiveness.

Expect the budget speech to invoke emotions over the floods, the damage, and how our reserves and exports have grown.

Over 71% of last year’s development budget was not used: progress report.

The surcharge applies only to income earned in fiscal year ending June 30, 2011.

Only Rs45 billion is allocated to the Benazir Income Support Programme.

Tax collection needs to be revamped in the changing economic scenario.

Punjab government proposes taxes on luxury houses, vehicles, farm houses, marriage halls and parks for Budget 2011.

Businessmen agree that some tax exemptions should be removed.

Removal of the Capital Gains Tax likely after meeting between PBC and government.

Federal Minister for Finance will present budget during the first sitting of lower house of parliament.