The caretaker cabinet of Khyber Pakhtunkhwa has approved the budget for four months. In the budget, the salaries of employees from Grade 1 to 16 have been increased by 35 percent and the salaries of officers in Grade 17 and above by 30 percent, the pension of retired employees has been increased by 17 and a half percent, the allowance of disabled employees by 100 percent. has been increased while the minimum monthly wage of labor has been increased from 26 thousand to 32 thousand rupees.

The Khyber Pakhtunkhwa government has decided to impose fixed tax on beauty parlours and marriage halls in the province from the next financial year. Marriage halls and beauty parlours will be divided into different categories based on their size and size of business from which fixed sales tax will be charged on services.

Owners of marriage halls and beauty parlours will be empowered to choose one of the fixed rates and percentage rates of sales tax on services after which they will deposit monthly tax with CAPRA as per their chosen system.

KHYBER PAKHTUNKHWA BUDGET 2024-25

Khyber Pakhtunkhwa Finance Adviser Bakhtullah Khan said that the cabinet has approved the budget for 4 months from July 1 to October 31, with a 25% cut on expenses. In baht, 462 billion rupees are earmarked for expenditure, while 350 billion rupees are current and non-developmental budgets. 112 billion rupees have been earmarked for development projects.

Fahad Munir

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