ISLAMABAD, May 26 (APP): Finance Minister Ishaq Dar on Friday proposed to increase the defence budget to Rs 920 billion. While announcing the federal budget in a speech at the Parliament House here on Friday, he said the budget will be increased against the revised budget of Rs 841 billion in the financial year 2016-17.
Business News
Dar proposes to increase defence budget to Rs 920 billion
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Govt gives maximum relief to all sections of society through budget: Irfan
ISLAMABAD, May 26 (APP): Advisor to Prime Minister on National History and Literary Heritage (NH&LH), Irfan Siddiqui Friday said the present government has strived to give maximum relief to all sections of society through this year’s budget, keeping in view the economic realities. He said acknowledgement of Pakistani economy as progressing economy by international community […]
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National grid gets 10,000 MW in 2018; 5.31 trillion revenue collection estimated for 2017-18: Dar
ISLAMABAD, May 26 (APP): Minister for Finance Ishaq Dar on Friday announced that 10,000 MW electricity would be added to the national grid by 2018 and total revenue of Rs 5.31 trillion would be collected in the next fiscal year. Delivering budget speech in the National Assembly, the finance minister said the targeted tax collection […]
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Capt (R) Safdar terms Federal Budget 2017-18, pro people
ISLAMABAD, May 27 (APP): Pakistan Muslim League Nawaz (PML-N) Leader Capt (R) Muhammad Safdar has welcomed federal budget 2017-18 and termed it a pro people. Talking to reporters outside the Parliament House, he said his party’s government provided relief to the people for improving their life standard. He said government has announced incentives for the […]
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Govt employees get reasonable relief in budget: Maiza Hameed
ISLAMABAD, May 26 (APP): Merger of adhoc relief to basic salary of government employees and 10 percent pay raise on the new basic, would give a reasonable relief which would eventually improve their living standard. Member National Assembly Maiza Hameed stated that the merger of adhoc relief to basic salary is a significant step of […]
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Govt presented a balanced budget: Asia Tanoli
ISLAMABAD, May 26 (APP): The government has presented a balanced budget besides facing a number of challenges. Member National Assembly, Asia Naz Tanoli talking to APP after budget speech shared that tax is imposed on cosmetics, perfumes and tobacco which are not basic consumption items of the general public. She said relief and subsidy announced […]