Saturday , September 21 2019

Punjab annual Provincial budget 2019-20

Punjab annual Provincial budget 2019-20

Punjab finance minister Makhdoom Hashim Jawan Bakht will present an annual fiscal budget 2019-20 in Punjab Assembly on 14th June 2019. Finance Department Punjab has recommended a 10% raise in salary and pension of government employees in the provincial budget 2019-20.

The finance department sources have revealed that Rs530 billion will be spent on salaries and pensions of government employees for the next fiscal year. Out of the total sum, Rs320 billion will be paid as salaries and Rs210 billion as pensions.

Gazette notification to the effect was issued by the Assembly Secretariat and Speaker Chaudhry Pervaiz Elahi will preside this 10th session of the 17th Assembly. During the session, the annual Provincial budget for the next fiscal year 2019-20 will be presented on the 14th of this month at 1500 Hrs.

Budget 2019-20 Finance department Punjab budget 2019-20

Punjab Government will announce Budget 2019-20 on 14th June 2019. The government employees of Punjab can get good news in the upcoming budget as their salaries are expected to be increased by 10%. Punjab government will not levy any new tax in the upcoming budget of the province for the fiscal year 2019-2020.

The Punjab Finance Minister will present the annual budget for the financial year 2019-20 in the provincial assembly on Friday day June 14, 2019.

Punjab budget 2019-20 pdf

The finance department sources have revealed that Rs530 billion will be spent on salaries and pensions of government employees for the next fiscal year. Out of the total sum, Rs320 billion will be paid as salaries and Rs210 billion as pensions.

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