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Rs 655 billion Punjab Budget presented

Respect4Respect01

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The government employees and pensioners will get increase of 15 to 20 percent in the new budget.



The tax has been imposed on farm houses, clubs and luxury cars. The jobless will get interest free loan of Rs 20,000.



The special allowances and privileges of the high level government employees have been withdraw. Among the literate and unemployed persons, 20,000 yellow cabs will be distributed. Swimming pools and cars above 1000 CC have also been taxed. The budget also proposed a self-employment scheme for the literate and jobless individuals.



About 25 percent decreases in the expenses of the CM House have been suggested. A ban has also been proposed on decorating the official residences. The Punjab Revenue Authority will be established to collect revenue.



About 70 percent decrease in entertainment tax has also been suggested. A department will establish to deal with terrorist activities. Rs 4 billion have been allocated for Ramzan Package. New furniture and cars will not be bought during next fiscal year.
 

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