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Sindh Chief Minister Murad Ali Shah presented the estimated budget of more than 30 trillion rupees in English. In the provincial budget, 32 billion rupees have been allocated for education and 18 billion rupees for health, while 3 billion rupees have been allocated for the development projects of the energy department.
It has been decided not to increase the funds for the provincial assembly, while luxury tax will be levied up to 45 thousand rupees on imported vehicles from 1500 to 3000 cc. In addition, 5% less tax will be charged on debit or credit card service payments.
It has been proposed to increase the salaries of government employees by 10 percent, a record 830 billion rupees will be allocated for the development budget. Sindh province will keep 400 billion rupees for education and 275 billion rupees for health, while it is proposed to allocate 170 billion rupees for the maintenance of law and order. Certain units of electricity can be made free to provide relief to the public
Sindh Budget 2024-25 Date
The proposal to keep the annual development program is more than 430 billion, the district development program will be more than 30 billion rupees. There is also a proposal to increase the salaries of government employees by 15 to 20 percent.
It is proposed to set the minimum wage at 35,000. More than 50,000 new recruitments will also be announced in the budget of the new fiscal year. In the first phase. It was proposed to give solar system to 200 houses
Sindh Budget Government Employees Salary Percentage increased
The salaries have been increased by 22 to 30 percent. The salaries of employees of grades 1 to 6 will be increased by 30 percent. The salaries of employees from grades 7 to 16 will increase by 25 percent. For grades 17 to 22, the salary will increase by 22 percent. The minimum salary in Sindh was fixed at 37 thousand rupees.
The total expected revenue of the province is 3 trillion rupees, federal transfers are 62 percent and provincial receipts are 22 percent, current capital receipts are 22 billion rupees and foreign project assistance is 334 billion rupees, federal grants are 77 billion in PSDP, foreign grants 6 billion and carryover cash balance includes Rs.55 billion, Rs.269 billion of GST, taxes, Rs.42.9 billion of provincial non-tax receipts, Rs.959 billion is earmarked for development expenditure.
Education receives the highest amount of 519 billion rupees, of which 459 billion is for current revenue expenditure, 334 billion rupees are earmarked for health, local government is in the top three with a budget of 329 billion rupees, 58 billion rupees for agriculture. 77 billion rupees for energy, 94 billion rupees for irrigation, 86 billion rupees for works and services, 30 billion rupees for planning and development, 56 billion rupees for transport, 86 billion rupees for works and services, 86 billion rupees for SG and CD. 153 billion rupees have been kept, including 194 billion rupees for admission.
8 billion rupees are being allocated to provide financial assistance to farmers of 12 million rupees, 5 billion rupees have been allocated to build an enclave complex at Malir Express Korangi, for the first time in the police, a specific budget has been allocated for 485 police stations, solarization initiative. 5 billion rupees will be allocated in five years. 5 billion rupees have been allocated for the construction of a new canal like the Hub Canal to supply water to Karachi, 5 billion rupees are being allocated under Mazdoor Card, 11 billion rupees for agriculture, 12 billion rupees for social security, universities and boards. 3.2 billion rupees have been allocated for this.
In Sindh, 334 billion rupees will be received for foreign aided programs, 76 billion 79 crore rupees will be received from the federal government in the form of grants, the federal grant is 70 billion 47 crore rupees more than the current financial year. It is estimated to receive 5 billion 95 crore rupees in terms of grant, 55 billion rupees could not be spent from the budget of the current financial year, which will be transferred to the budget of the next financial year.
