National Assembly passes Finance Bill

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.