Budget2014

CM’s adviser fears government will miss its targets in the current budget.

Finance minister says Rs8 billion allocated for 67 ongoing and 26 new health projects.

The budget size is 18% higher than that of the previous year.

The government has proposed that service stations and cellular companies’ towers be brought in the tax net.

An additional Rs39.77b has been patched together from foreign grants, loans.

The union urged the Sindh government to study the Punjab model of growth.

Annual Plan blames poor planning, monitoring and evaluation.

Rs5b subsidy provided for fertiliser, federal govt asked to provide matching amount.

72 new posts to be created in the secretariat.

The budget for 2014-15 does not have anything meaningful for minorities, JUI-F MNA Asiya Nasir also remarks.

Budget documents reveal gap between national income and expenses is around Rs1.7 trillion.

Opposition leader Mian Mehmoodul Rashid started the protest as soon as the budget speech commenced.

Development outlay slashed; chief minister rails against centre for poor tax collection.

Annual tax on vehicles of 1,300cc and above doubled.

Allocation 52% more than that provided in outgoing year.

Experts warn 25% increase may prove to be negligible .

Provincial CM makes it a point to mention cess in budget speech.

In absence of resource mobilisation, province resorts to indirect taxation.

In an effort to improve primary health care, 84 new initiatives are being introduced.

Rs81.68 billion has been allocated to police while Rs7.36 billion has been fixed for the Punjab prisons.

Govt will be restoring, conserving the Wazir Khan Mosque and Re-constructing the Shrine of Hazrat Madhu Lal Hussain.

The allocated amount consists of Rs484 million for the ongoing schemes and Rs123 million for the new schemes.

Govt allocates Rs541 million for the sector.

Of the allocated amount, Rs329 million is for ongoing schemes and Rs52 million for the new schemes.

Proposed share in budget Rs105m higher than the allocation in the last fiscal year.

Utilisation remained low during the outgoing financial year.

Rs18.6b earmarked for school education, Rs11.5b for higher education and Rs800m for special education.

K-P residents share their qualms regarding today’s ‘pro-poor’ budget .

Thirty-six percent of total budget has been allocated for the development of southern Punjab

Asks govt to review taking back zero-rating tax facility.

Retail sector points out flaws in new proposal to collect taxes.

Only 24% of the allocated amount for development schemes was spent.

Masood Ahmed Jafri has been involved in KMC’s finances, writing the official analysis, guiding staff since 1978.

Finance officials say deficit likely to reach Rs10 billion.

Govt has already allocated Rs1b to the project in the upcoming budget.

Say allocations should not be made solely on the basis of tax collection targets.

Urges increase in duties on import of used cars.

Textile sector disgruntled at GIDC increase, rejects budget package.

An allocation of Rs50 million has been made for another 30MW hydro power project in Ghowari.

ICCI president says it is important to boost per acre yield.

Split on rate of increase tax in proposals sent to province.

Turning the Pakistan economy around requires courage, vision and innovation, and we hope these are delivered.

Opposition parties in the upper house say figures presented by govt were not only distorted but inconsistent as well.

The industry is shocked over the government’s attitude of completely ignoring its budget proposals.

FBR begins collecting higher taxes to bridge revenue gap in outgoing year.

Retired government employees protests against the 10% increase in their pensions, terming it inadequate.

Appreciate curb on SROs, provision of NTNs for industrial gas connections.

New rates equal to charges for registering a new vehicle; move likely to lead to surge in prices of used cars.

Retired govt employees lash out against meager pension increase in federal budget.

Proposal calls for taxes to be levied on owners of 120sq yard plots, petroleum products.